XRP is targeting a price of $4.4 target regulatory changes and memecoin downturns, fueled by major whale transactions and market optimism.
XRP has recorded a 3.5% gain over the past 24 hours, trading at $3.19 as of this writing, according to Bravenewcoin.com. The token’s recovery comes after a market correction driven by misinformation surrounding potential futures contracts linked to XRP.
XRP weekly price chart. Source: Brave New Coin XRPLX
Meanwhile, memecoins like TRUMP and MELANIA have faced steep declines, highlighting contrasting trends in the cryptocurrency market.
Amid these developments, investors remain optimistic about XRP’s potential to reach $25.0, fueled by technical patterns and rising market interest.
Substantial XRP Transfer Triggers Market Speculation
XRP’s recent recovery follows a market downturn sparked by the Chicago Mercantile Exchange’s (CME) clarification regarding unconfirmed XRP futures listings.
Rumors began circulating after screenshots of testing pages appeared online, suggesting institutional adoption of XRP. The CME later denied these claims, explaining that the pages were part of a testing environment.
Despite this denial, XRP has regained momentum, supported by sustained investor interest and a steady upward trendline since December. A notable transaction on January 19, 2025, involving 30 million XRP tokens worth $95.5 million, has further fueled speculation.
As reported by Whale Alert, this transfer originated from the South Korean exchange Upbit and moved to an unidentified wallet. The timing coincides with XRP’s recent surge, as it broke past the $3 mark for the first time in seven years and reached $3.26.
XRP price analysis suggests that maintaining XRP’s price above $3.40 could pave the way for another rally. However, failure to hold this level may lead to retesting lower support zones near $2.91 or even $2.59.
Memecoin Market Decline Amid Heavy Losses
While XRP demonstrates upward momentum, the memecoin market faces significant challenges. According to Lookonchain, a trader who invested over $1 million across various memecoins lost nearly 90% of their funds. Tokens like TRUMP and MELANIA have seen dramatic declines after their initial surges.
TRUMP price is down 50% from its all-time highs. MELANIA is down 80% from all-time highs and many investors are underwater. The memecoin crash has drawn regulatory attention, with people like Senator Elizabeth Warren calling for investigations into the legal and ethical aspects.
Critics say the memecoin craze hurt inexperienced investors the most, many of whom got wiped out
XRP Consolidates Within a Bull Pennant: Will It Break $3.30 Resistance?
XRP’s price action looks like it has more room to go up as it’s forming a bull pennant on the 4-hour chart. This formation is a continuation pattern after a rally from $2.65 to $3.19 earlier this month.
Source: X
The consolidation phase, characterized by narrowing trendlines, suggests a possible breakout. If XRP successfully breaches the $3.20 resistance level with increased trading volume, the token could target $4.66, representing a 50% potential upside from its current price.
However, the weekly chart introduces caution with a rising wedge pattern—a bearish formation that signals waning bullish momentum. This setup indicates potential resistance near $4.66, coinciding with significant Fibonacci retracement levels. A failure to sustain momentum above this level could lead to a correction, with support zones around $3 or $2.65.
Insights from the Crypto Community and Market Outlook
The cryptocurrency community continues to monitor XRP’s developments closely. Influencers such as @TheMoonCarl have suggested price targets near $4.20 based on the bull pennant pattern. Additionally, key market periods in February, May, and October 2025 are anticipated as potential windows for XRP to test new highs or solidify its position.
Institutional interest also plays a critical role in shaping XRP’s trajectory. Although no official moves toward XRP futures have been confirmed, the leaked testing pages from the CME sparked widespread speculation. Such events underscore the sensitivity of cryptocurrency prices to institutional developments.
Simultaneously, optimism about regulatory changes under President Donald Trump’s administration has buoyed market sentiment. Policies such as the creation of a strategic Bitcoin reserve and the appointment of Paul Atkins as SEC chairman have instilled confidence in the digital asset space. These developments could positively impact XRP and its adoption.
Final Thoughts: Can XRP Breakout Above $4.4?
XRP’s recent price movements and technical indicators suggest the potential for further gains, with $4.4 as a critical target. However, the market remains volatile, influenced by whale activity, regulatory changes, and broader trends in the cryptocurrency ecosystem.
Traders and investors should monitor XRP’s price action at critical levels, particularly the $3.30 resistance and $3.00 support, as these will likely dictate its short-term trajectory.
As XRP navigates these complex market dynamics, the market is optimistic, looking at whether it can surpass the $3.30 resistance and hit $4.0.
Source: https://bravenewcoin.com/insights/ripple-xrp-price-prediction-xrp-eyes-4-4-as-memecoin-mania-grips-the-market