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The XRP price soared 6% in the past 24 hours to trade at $2.59 as of 3:41 a.m. EST, with a 36% rise in trading volume to $6.4 billion.
This comes as speculation rises that BlackRock could soon file for a spot XRP ETF (exchange-traded fund). According to most crypto analysts, an XRP ETF could attract over $8 billion in capital inflows if approved.
At the same time, the Ripple-SEC lawsuit entered its final procedural stage, with both parties filing a joint motion to dismiss remaining appeals.
The crypto space has been in a rally in the last 24 hours, climbing over 2% to a $3.74 trillion capitalization, according to Coingecko data.
Can XRP pick up this momentum and surge even more?
XRP Price Aims For A Sustained Uptrend After This Breakout
The XRP price hit a high of $3.38, near its all-time high (ATH) of $3.40, after a prolonged uptrend from November 2024. However, the bulls lost momentum, as the Ripple token price then went to trade within a falling wedge pattern.
However, after touching the $1.96 support within the wedge, XRP went on to break out of the upper boundary at $2.17, with a 3-day candle soaring over 14%, according to data from GeckoTerminal.
After the breakout, the price of XRP crossed above the 50 Simple Moving Average (SMA) resistance at $2.26, which is now acting as a support level. Meanwhile, the 200 SMA serves as the long-term support zone around $1.25.
The Relative Strength Index (RSI) is surging from the 50-midline line, currently at 64, an indication that buyers still have some space to buy more before XRP’s price is overextended.
Moreover, the Moving Average Convergence Divergence (MACD) has turned positive, with the blue MACD line crossing above the orange signal line, representing a bullish crossover.
Green bars on the histogram have also started forming, which could be a signal that positive momentum is beginning to form.
Ripple Token Price Prediction
According to the XRP/USD chart analysis, the Ripple token price is poised for a sustained rally. If the positive indicators continue forming, the price of XRP may continue soaring, targeting its ATH at $3.4, which represents a 27% from the current level.
The XRP’s potential regulatory clarity, combined with speculation of institutional adoption, could fuel buying interest.
On the flipside, if the bears breach the $2.17 support, the next support could be around the $1.25 level (200 SMA).
As the XRP price soars, investors are flocking to the presale of Best Wallet (BEST), a rising star in the cryptocurrency wallet space.
Crypto Boy, a popular crypto analyst on YouTube with over 61.5K subscribers, says it is one of the cryptos to buy.
Best Wallet Presale Heads For $14 Million — Best Crypto To Buy Now?
Best Wallet supports over 60 blockchains, enabling users to manage thousands of cryptocurrencies, including heavyweights like Bitcoin (BTC) and Ethereum (ETH), within a single app.
Still in its early stages of presale, the project has already raised over $13.80 million and is quickly hurtling towards $14 million.
Its built-in decentralized exchange (DEX), presale aggregator, and upcoming crypto debit card set it apart in a crowded field. But what’s turning heads is its “Upcoming Tokens” feature, a launchpad that’s already proven its knack for spotting winners.
Projects like Pepe Unchained (PEPU) and Catslap (SLAP), flagged early by Best Wallet, delivered jaw-dropping gains of 500% and 7,000%, respectively, for early adopters.
🔥 Over $13M Raised and Counting! 🔥
Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters:
✅ Buy new tokens early, directly in-app
✅ Buy and bridge across chains in one place
✅ Full portfolio control, no clutterDownload… pic.twitter.com/0SDNVPov6v
— Best Wallet (@BestWalletHQ) June 4, 2025
Best Wallet’s growth metrics are equally striking. Since its November 2024 debut, the app has amassed over 500,000 users, with monthly active users exceeding 250,000 and installations soaring 96% month-over-month.
Security remains a cornerstone, with biometric authentication and decentralized recovery options ensuring users retain complete control of their funds.
The native token, BEST, is the engine behind this ecosystem. Holding the token unlocks perks such as reduced trading fees, access to exclusive presales, and staking rewards that boast an impressive 99% annual return.
The BEST token is currently priced at $0.025315. With the next price hike looming in around 39 hours, buy soon to secure the best deal.
Check out BEST on its official website.
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