Ripple (XRP) is being studied within a long-term triangle pattern suggesting extended consolidation before a potential breakout. Analysts view past cycle behavior as a guide for future expansion scenarios for the XRP price. Meanwhile, OTC whale accumulation signals strong institutional interest and possible future volatility.
At the time of writing, XRP is trading at $1.20 with a 24-hour trading volume of $1.62 billion and a market capitalization of $74.64 billion. Despite the 2.19% loss over the last 24 hours, the XRP price structure and whale accumulation point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: XRP Price Rises as Bulls Test Critical $1.30 Resistance
XRP Price Chart Pattern Signals Macro Breakout
According to the crypto analyst EGRAG CRYPTO, XRP is being analyzed through the lens of a long-term “big yellow triangle” structure that frames the XRP price action as multi-cycle compression rather than short-term volatility.
Supporters suggest each major cycle begins near the lower boundary before expanding sharply upward. Past moves include roughly 8,000% and 1,900% gains, now compared with a projected ~909% expansion scenario.
Source: EGRAG CRYPTO’s X Post
Based on the same approach, analysts predict the probabilities of a scenario that would imply macro goals for the XRP price are around $6.50, $13, and even $60 (in extreme cases).
However, these are not guaranteed forecasts; rather, they represent scenarios influenced by changes in liquidity and the sentiment of the market cycle. The important question that still arises here is whether the XRP price is getting into the triangle again.
XRP Sees $1.8B Whale Accumulation via OTC Trading
Moreover, another crypto analyst, Hailey LUNC XRP, revealed that whales have been steadily accumulating XRP in amounts totaling more than $1.8 billion through OTC, an indication that major players are very much interested in this cryptocurrency.
Such trades are conducted away from the noise of any exchange platforms, ensuring that huge volumes can flow into it without moving its price levels.
Source: Hailey LUNC XRP’s X Post
Over-the-counter trading has become popular among institutional players and affluent buyers owing to its ability to reduce slippage, increase execution quality, and ensure anonymity.
While such a huge buy worth $1.8 billion will not affect the spot price in the immediate future, it could be viewed as a warning of potential volatility in the near future by most analysts.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: XRP Market Comeback: 13% Explosive Surge Stuns Bears
