$4.80 Target Over 100% Away

Key Insights:

• XRP shows hidden bullish divergence, with traders watching for a breakout above the $3.40 level.
• Wallets holding 10K+ XRP hit 317,500, showing steady accumulation despite recent price volatility.
• A sustained move above $3.40 may open the way toward $4.80, over 100% from current levels.

XRP was trading at $2.35 after gaining 3.5% in the last 24 hours. A hidden bullish divergence has appeared on the chart. While the price holds a series of higher lows, a lower indicator—likely the RSI—is forming lower lows. This setup often suggests strength within an ongoing trend and may point to further upside.

Market watcher JAVON MARKS posted, 

“$XRP currently holding a Hidden Bullish Divergence… this indicates movement back towards the $3.40 levels!” 

A move to that range would place XRP above a key resistance line, possibly allowing further price expansion in the weeks ahead.

$4.804 Could Follow if Key Level Breaks

If XRP breaks and holds above $3.40, a longer-term target around $4.804 could come into play. This level sits more than 100% above current price. In the same post, JAVON MARKS added, “At that point, prices will be above a key level which brings $4.804 into play…”

While still far from current levels, this price was last seen during major market rallies. Traders are watching for signs of strength above $3.40 before considering the higher range. Volume and trend continuation would be needed to support such a move.

Wallet Growth Points to Accumulation

Data from Santiment shows that large XRP holders continue to increase. As of now, over 317,500 wallets hold at least 10,000 XRP. This marks a new all-time high and reflects a 1.8% increase over the past 30 days.

According to Santiment, 

“A good long-term sign is the amount of mid to large stakeholders continues to grow.” 

This rise has occurred even as price action remained mixed, suggesting accumulation through the recent correction.

Price Holds as Support Builds

XRP has rebounded 5.3% in the past 12 hours from its local low. Price now trades near the middle of its recent range. While short-term volatility remains, buying interest appears steady.

Traders are watching for a close above $3.40. If confirmed, it could open the path toward $4.804. Until then, both chart signals and wallet data suggest continued focus on the current structure.