Is XRP Price Ready to Explode Past $4? Wyckoff Pattern Suggests This

XRP price is gaining strong momentum as technical patterns and market data point toward a potential breakout beyond $4. Institutional accumulation, global trading demand, and rising investor interest are aligning to fuel this rally.

Analysts highlight key signals such as the Wyckoff accumulation phase, a golden cross in the altcoin market, and soaring trading volume in South Korea. With futures data and ETF rumors adding to bullish momentum, XRP could be poised for a powerful surge.

XRP Price Began Phase D in Wyckoff Accumulation Pattern

XRP price has entered Phase D of the Wyckoff Accumulation pattern, a formation often seen before significant price markups. Analyst ChartingGuy shared a chart on outlining this shift, suggesting that smart money has completed the buying phase.

In Wyckoff theory, Phase D marks the transition from accumulation to price expansion as volatility narrows and higher lows form.

Ripple’s $ 2 price level has become a key support zone, with resistance now visible at $3.40. A clean breakout above this range could set the stage for XRP price to reach $4 or higher.

ChartingGuy emphasized that price consolidation with rising volume often precedes major moves, and XRP appears ready to launch. The formation also aligns with historical price behaviors in assets that followed Wyckoff patterns before explosive runs.

XRP Trading Volume Surges in South Korea

Fueling the bullish narrative, XRP trading volume in South Korea recently surpassed Bitcoin. On one major South Korean exchange, XRP spiked to $50.17, indicating intense regional demand. This surge in trading activity reflects increased investor focus and highlights XRP’s global appeal.

CryptoTradingFund’s (CTF) reward system is also boosting adoption in the region. Customers making payments with XRP earn CTF tokens, which can be redeemed for products or converted to cash.

With tokens priced at $1.10 and projected to reach $519.95, this utility-driven model enhances XRP’s practical use case. The South Korean demand boom could act as an early signal of mass interest, often referred to as Wyckoff’s Phase E.

Golden Cross in Altcoin Market Signals Bullish Shift

Notably, the broader altcoin market has also shown positive momentum, forming a golden cross where the 100-day moving average crosses above the 200-day moving average. Analyst Austin Hilton noted that this crossover historically triggers long-term bullish runs. A similar pattern occurred in 2021 before a 200% surge in altcoin valuations.

This golden cross lends additional strength to XRP’s breakout potential. Hilton believes that leading altcoins like XRP are often early beneficiaries of market-wide optimism.

Combined with XRP’s internal Wyckoff setup and South Korean demand, this macro-level indicator suggests that conditions are favorable for a sustained rally toward $4 or more.

Futures Data and ETF Rumors Reinforce Bullish Case

XRP’s futures market is showing strong bullish conviction. CoinGlass data from April 21 showed that open interest surged by 6% to reach $3.3 billion, while trading volume jumped 71%. These increases indicate that traders are positioning for a breakout. Higher open interest and volume often precede major price moves, adding weight to the technical and global demand signals.

Additionally, fundamentals inside Ripple ecosystem are also heading in the right direction. Analyst CryptoSensei pointed out that the XRP Ledger is increasingly being employed in tokenization and cross-border payments.

At the same time, prospects on XRP’s exchange-traded fund (ETF) have also been in the air. ETF may be able to secure institutional money inflows, which will rally the masses and spark the Phase E rally by Wyckoff.

At press time, XRP price traded at $2.08, having risen around 1% in the past day and 68.40% in the past day’s volume. The bullish trend emerged from a bounce around $2.06 to secure a market capitalization of $124.2 billion.

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