- XRP holds a hidden bullish divergence, signaling a possible move toward $3.40 and $4.804.
- Market data shows steady accumulation and strong liquidity supporting XRP’s upward structure.
- Regulatory progress and ETF interest may boost institutional demand and long-term price growth.
XRP is currently holding a hidden bullish divergence, suggesting a possible upward movement toward the $3.40 level. At this point, prices would move above a key resistance, potentially activating the next target at $4.804. This level stands over 100% away from current prices and could signal a broader upward continuation.
Price Dynamics and Chart Analysis
According to an observation by analyst Javon Marks, XRP’s chart structure presents a rising trendline that supports higher lows following recent consolidation. This setup indicates sustained buying pressure as the price stabilizes between $2.32 and $2.38. The trend indicates that XRP is gaining force to potentially proceed with the increase to the area of $3.40.
CoinMarketCap data indicates that XRP is trading at approximately $2.36, a minor 0.48% decline in the last 24hours. Its market capitalization was $142.09 billion and its trade volume amounted to $2.92 billion, apparently a decline of 36.55%. The overall framework is stable, whereas the short-term activity is low, and the liquidity assists in trading on major exchanges.
The volume is on steady accumulation, and the underlying bullish divergence indicates momentum. Historical data shows that similar divergence patterns have preceded extended price recoveries. Should XRP close above $3.40, the technical direction to $4.804 may go live and represent a possible reentry into long-term bullish space.
Regulatory Outlook and Investor Positioning
According to analysis prepared by market researchers, XRP’s prospects are influenced by ongoing regulatory and ETF developments. Reports suggest growing institutional interest in a possible spot XRP ETF following approvals for Bitcoin and Ethereum. Such an event could introduce new liquidity and attract wider participation from traditional finance.
Ripple Labs is still working on its international expansion with payment partners in Latin America and the Middle East. Santiment on-chain data indicates increased large transactions of over $1 million and less exchange reserves which could suggest accumulation by long term holders.
The market performance of XRP is stable with average derivatives. Analysts note that maintaining support above $2.20 will be crucial for sustaining momentum. An established breakout at above $2.90 could be a step toward increased gains by the $3.40 mark and ultimately the $4.804 mark once the buying pressure increases.
