XRP's Fate: Follow-Up on Its Resurgence or Downfall?
Vibrant Analysis Login's XRP: A Slumbering Behemoth About to Rouse
Hype or Substance?
Notable crypto analyst John Squire, boasting over half a million followers on his platform (previously known as Twitter), suggests that XRP, one of Ripple's digital currencies, has been a forgotten gem among investors for the past decade. Despite its overlooked status, Squire emphasizes that Ripple, the company behind XRP, has built a robust global payments infrastructure over the years, with RippleNet now operating in almost 60 countries and partnered with financial giants such as SBI, Tranglo, and Santander.
"XRP isn't just your average hype coin - it's been quietly developing like Bitcoin before it became the social media sensation it is today."
Regulatory Battle War Cry
Squire also acknowledges that Ripple is in the midst of a significant legal battle with the U.S. Securities and Exchange Commission (SEC), which has persisted for four years. However, Ripple's CEO recently announced that the case has been settled, and Squire comments, "XRP is the only one among the top 10 cryptocurrencies that has managed to stand its ground against the U.S government."
ETF Euphoria
While some may dismiss any possibility of a spot ETF for XRP, Squire isn't among them. In fact, he points out the planned launch of XRP futures by the CME this month and the 10 ETF proposals pending with the SEC. Although one proposal was recently halted, experts believe this is merely a timing issue.
Bullish Charts
Squire also states that the tech charts for XRP are rather auspicious. Only a few months ago, the XRP price broke through the $2 mark and has managed to stay above that level despite short-term fluctuations. The Relative Strength Index (RSI) is bullish, and volume isn't just increasing - it's doing so quietly, giving the impression of intelligent, calculated accumulation.
Squire uses phrases like, "Smart money doesn't chase pumps. Buy on the dips," and supports this idea by sharing data on whale accumulation. In April of the current year, whales acquired approximately $2 billion worth of XRP, while the number of whale wallets has hit a record high of over 300,000.
Squire concludes by stating, "Disclaimer: This is not financial advice," but finishes with, "The most detested assets frequently deliver the best returns."
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[1] Crypto analyst believes XRP is gaining momentum; US court appearances to be closely watched. Yahoo Finance. April 15, 2025. Retrieved June 11, 2025, from https://finance.yahoo.com/news/crypto-analyst-believes-xrp-gaining-093600160.html
[2] Here’s what the technical charts suggest for XRP price. CoinTelegraph. June 5, 2025. Retrieved June 11, 2025, from https://cointelegraph.com/news/heres-s-what-the-technical-charts-suggest-for-xrp-price
[3] Only a matter of time for XRP to prove its worth, says analyst. CoinDesk. April 20, 2025. Retrieved June 11, 2025, from https://www.coindesk.com/news/only-a-matter-of-time-for-xrp-to-prove-its-worth-says-analyst
[4] Why XRP could surge to $10 by 2027. Bitcoinist. May 10, 2025. Retrieved June 11, 2025, from https://bitcoinist.com/why-xrp-could-surge-to-10-by-2027/
Overall Insights:Based on the latest sentiment from respected crypto analyst John Squire and bullish chart patterns, there's a high expectation for a strong rally from XRP in the very near future. Positive technical signs, such as increasing RSI and expanding Bollinger Bands, together with massive whale accumulation and pending ETF approvals, all point to a potential XRP breakout beyond $2.40 and even upwards of $10 in the next few years.
"Investing in XRP could present an opportunity as its technology is integrated more deeply with the global finance sector, much like Bitcoin did in the past. John Squire, a influential crypto analyst, highlights the potential growth of XRP, despite ongoing legal battles and the waiting period for ETF approvals."
"The bullish tech charts for XRP suggest that its price might break through the $2 mark once again and potentially surge up to $10 in the next few years, following a pattern of increasing RSI, expanding Bollinger Bands, and massive whale accumulation."
