XRP is making waves once again, pushing beyond the $2.10 mark after holding its ground above $2 for several days. The token’s quiet resilience amid a cautious broader market has caught the attention of seasoned traders, with several now hinting at a potentially explosive move.
Crypto analyst Nick noted this week that Bitcoin’s dominance continues to soak up headlines, but the real hidden gems may be lurking in the altcoin market, and XRP is leading that charge.
“It’s the sleeper asset everyone’s overlooking,” he claimed, adding that current market conditions are favoring coins with established fundamentals and consistent price behavior.
Wyckoff Signals a Bullish Shift
Technical analyst Charting Guy has identified a Wyckoff Reaccumulation pattern playing out on XRP’s USDT pair — a structure often associated with smart money quietly positioning itself ahead of a large move.
According to his analysis, XRP is currently navigating Phase D, typically the stage where strong holders firm up their positions ahead of a breakout.
After briefly dipping under support levels earlier in April, XRP recovered at higher lows — a classic bullish signal. The asset now tests key resistance levels at $2.12 and $2.15. A decisive close above these marks could open the path to $2.25, with potential for further gains if momentum continues.
Adding to this, analyst Dark Defender highlighted that XRP’s consolidation below the $2.22 resistance could be forming the final leg of a Wave 5 Elliott structure, targeting a breakout zone around $3.82 — a level not seen since the previous cycle’s highs.
Building Pressure Beneath the Surface
Supporting this bullish outlook are secondary support levels at $1.88 and $1.60, areas that have recently acted as strong defensive zones during pullbacks. Low volatility, combined with steady on-chain accumulation and a series of higher lows, suggests that XRP’s price structure is coiling for a larger move.
In fact, data from on-chain analytics firm Santiment confirms an uptick in XRP whale activity, hinting at growing interest from larger holders quietly accumulating while retail sentiment remains mixed.
Conclusion: A Breakout in the Making?
XRP’s steady climb, supportive technical structures, and bullish market patterns have positioned it as one of the most promising altcoins to watch. If resistance levels give way and market momentum picks up, XRP could quickly accelerate towards its next key price zones — and this time, it might finally be ready to break free.
