XRP Skyrockets 10%: What Is Going On?
Posted On May 12, 2025
XRP (CRYPTO: XRP) is up 10%, supported by surging trading volumes and sustained whale accumulation. Analysts and traders say the setup suggests more gains may be on the horizon.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
XRP (CRYPTO: XRP) | $2.59 | $151.9 billion | +10.2% | +21.7% |
Bitcoin (CRYPTO: BTC) | $104,198.9 | $2.07 trillion | +0.2% | +10.3% |
Ethereum (CRYPTO: ETH) | $2,558.22 | $308.8 billion | +3.6% | +41.5% |
Trader Notes: Crypto chart analyst Ali Martinez pointed out that XRP may be forming a symmetrical triangle pattern, a classic continuation structure. If the pattern plays out fully, he estimates a price target of $15.