{"id":36934,"date":"2025-04-21T00:18:10","date_gmt":"2025-04-21T00:18:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/36934\/"},"modified":"2025-04-21T00:18:10","modified_gmt":"2025-04-21T00:18:10","slug":"xrp-bulls-eye-2-60-one-move-can-trigger-a-major-squeeze","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/36934\/","title":{"rendered":"XRP bulls eye $2.60 &#8211; One move can trigger a major squeeze"},"content":{"rendered":"<ul>\n<li>Ripple\u2019s bullish pennant breakout and rising options interest reflect growing XRP momentum toward the $2.60 resistance zone.<\/li>\n<li>XRP whale flows stay neutral, while liquidation data hints at a possible short squeeze if Ripple breaks above $2.40.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ripple [XRP]<\/a> sentiment has shifted into cautiously bullish territory, with crowd and smart money indicators showing mild optimism at 0.15 and 0.20, respectively.<\/p>\n<p> This synchronized sentiment between retail and institutional players reflects increasing market confidence.\u00a0<\/p>\n<p>Additionally, options Open Interest jumped by 24.40%, signaling a sharp rise in speculative positioning. At press time, XRP traded at $2.06\u2014down 0.88% in 24 hours.<\/p>\n<p>Therefore, the confluence of strengthening sentiment and derivatives engagement is setting the stage for a potential breakout.\u00a0<\/p>\n<p><b>XRP eyes $2.60 as next frontier<\/b><\/p>\n<p>XRP has successfully broken out from a bullish pennant pattern after weeks of consolidation within narrowing trendlines. <\/p>\n<p>The structure formed after a strong rally and resolved upward near the $1.7980 support level, indicating trend continuation. <\/p>\n<p>Currently, XRP hovered just below resistance at $2.1665 while forming higher lows\u2014a sign of bullish continuation.<\/p>\n<p>If this breakout holds, the next upside target rests at $2.6010\u2014a zone where previous rallies faced rejection. <\/p>\n<p>However, failure to reclaim this level convincingly could trigger a temporary pullback. Still, the pattern remains structurally intact, favoring bulls in the near term.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/XRPUSDT_2025-04-20_09-42-38.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-484347\" class=\"wp-image-484347 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP price action \" width=\"2114\" height=\"1107\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/XRPUSDT_2025-04-20_09-42-38.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-484347\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p><b>Whales reposition as exchange flows edge higher<\/b><\/p>\n<p>Whale-to-Exchange Flows recorded a marginal uptick of 0.51%, totaling 2.88K XRP. <\/p>\n<p>While the increase appears subtle, it points to strategic repositioning by large holders rather than panic-driven selling. Therefore, this flow likely signals caution and preparation for a directional move.\u00a0<\/p>\n<p>Additionally, the lack of aggressive offloading suggests confidence in the market\u2019s stability. <\/p>\n<p>As sentiment and options data align with this measured activity, it becomes clear that whales are closely monitoring price levels before making large-scale moves.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/XRP-Ledger-Whale-to-Exchange-Flow-Total-Binance-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-484349\" class=\"wp-image-484349 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/XRP-Ledger-Whale-to-Exchange-Flow-Total-Binance-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-484349\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><b>NVT ratio spike raises short-term caution flags<\/b><\/p>\n<p>The NVT ratio for XRP skyrocketed by 136.83%, reaching a value of 838.17. <\/p>\n<p>This sharp rise indicates that the market cap has grown significantly faster than on-chain transaction volume. Therefore, while price momentum remains strong, underlying utility appears to lag behind.\u00a0<\/p>\n<p>Still, if network activity doesn\u2019t catch up soon, valuation may begin to overheat, warranting caution.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/XRP-Ledger-NVT-Ratio-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-484348\" class=\"wp-image-484348 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/XRP-Ledger-NVT-Ratio-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-484348\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><b>Short liquidation zone near $2.60 could trigger breakout<\/b><\/p>\n<p>Meanwhile, Binance Liquidation data showed a dense band of short liquidations between $2.03 and $2.10. With XRP priced at $2.067, a move above this pocket could cascade into short covers and upward pressure.<\/p>\n<p>Additionally, cumulative short liquidation leverage continues building beyond $2.16, suggesting even stronger pressure if bulls reclaim that level.<\/p>\n<p>However, long liquidations start to appear just above $2.16, showing that buyers are entering the market with high leverage.<\/p>\n<p>This overlapping zone between short risk and long exposure makes $2.10\u2013$2.20 a critical inflection area.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-113948.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-484356\" class=\"wp-image-484356 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP liquidation map\" width=\"1696\" height=\"647\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-20-113948.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-484356\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p><b>Can Ripple reclaim $2.60 and push higher?<\/b><\/p>\n<p>All considered, XRP\u2019s technical breakout, climbing sentiment, and surging options interest suggest a bullish continuation.<\/p>\n<p>Whale flows support this narrative with careful accumulation, while liquidation dynamics may offer an explosive trigger.<\/p>\n<p>However, the elevated NVT ratio reminds traders that the price must be backed by stronger on-chain performance.<\/p>\n<p>If XRP can clear $2.1665 and sustain momentum past $2.60, it will likely confirm a broader trend shift and solidify its breakout narrative.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/60-new-bitcoin-whales-are-loading-up-what-secrets-do-they-know\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">60 new Bitcoin whales are loading up: What secrets do they know?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Ripple\u2019s bullish pennant breakout and rising options interest reflect growing XRP momentum toward the $2.60 resistance zone. XRP&hellip;\n","protected":false},"author":2,"featured_media":36935,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,21281,16,15],"class_list":{"0":"post-36934","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-new-news","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114373088070979109","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/36934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=36934"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/36934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/36935"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=36934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=36934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=36934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}