XRP price climbs back up with 10% increase after bullish flag – can Ripple become 10 euros? | Bitcoinist.com

XRP makes a strong comeback with a 10% increase after breaking out of a 'bull flag' pattern. Whales continue to accumulate XRP massively, which creates strong buying pressure and optimism in the market. With the current upward trend, the path is open for further increases, and the demand for a possible breakthrough to 10 euros is becoming more relevant. In this article, we will delve deeper into the factors and what this means for Ripple's price expectations.

XRP Price Analysis

Last week, the Ripple price encountered resistance around the $3.40 level. On Monday, XRP bounced off its uptrend line ( drawn by multiple lows since early January) around $2.72. At the time of writing, on Wednesday, the price is hovering around $3.08. If Ripple breaks and closes below $2.72 on the uptrend line, the decline could further expand to the next daily support at $1.96.

XRP price. Source: TradingViewThe RSI indicator is at 61, above the neutral value of 50, but pointing downwards after a rejection of the 'overbought' level of 70 on January 18, indicating a weakening of the bullish momentum. In addition, on Sunday the MACD showed a bearish cross-over, giving sell signals and suggesting a downward trend.

On the other hand, if XRP maintains its upward momentum, it can continue its rise and test the resistance at $3.40 again. This also seems quite possible:

Whales are accumulating XRP massively

According to on-chain analysis firm CoinGlass, traders and investors continue to bet on and accumulate XRP as the price drops, and this trend appears to be continuing. Spot inflow/outflow data shows that exchanges have observed a significant outflow of $45 million in XRP in the past 24 hours.

This large outflow from exchanges may indicate accumulation and buying pressure, which could lead to further upward momentum, similar to the rally XRP experienced on January 28, 2025. In addition, whales recently purchased 120 million XRP tokens during the recent price dip. This underscores strong investor interest despite the price decline.

However, these noticeable outflows from exchanges were observed at the time when XRP was at the lower boundary of the descending parallel price action pattern, leading to a breakout from this bullish pattern.

XRP breaks out of 'bull and pole' pattern

With strong bullish activity from long-term holders and whales, XRP is currently trading around $3.18 and has experienced a price increase of over 7.5% in the past 24 hours.

This strong upward momentum, despite bearish market sentiment, has resulted in a breakout of the bullish flag and pole price action pattern on the four-hour chart. Given the current price action and recent whale activity, XRP appears to be able to break the trendline resistance and potentially rise by 40% to the $4.45 level.

Technical analysis XRP. Source: TradingViewWhen this bullish price action is combined with the recent activity of whales and long-term holders, it seems that the bulls currently have the upper hand and can support XRP to reach the predicted level in the coming days. Although 10 euros still seem far away for XRP, this is certainly a step in the right direction. ‘Only time will tell’ how high Ripple will be able to go.

Which coins can rise with Ripple?

If XRP actually breaks out, it will be one of the best performing crypto. Moreover, it is one of the most well-known tokens among both retail and institutional investors. This makes it interesting to look at other tokens that can benefit from this. Below, we discuss three promising cryptos that are still in the presale, which gives investors the opportunity to get in early.

Solaxy (SOLX)

Solaxy (SOLX) is one of the most popular presale coins at the moment, with over $15.9 million in investments.

Solaxy plays a crucial role within the ecosystem as the first layer 2 solution for Solana. The layer 2 moves transactions from the Solana mainnet to a secondary layer for processing, preventing network downtime, reducing transaction costs, and addressing issues such as congestion, speed, and failed transactions. In addition, all transaction fees are paid in SOLX, benefiting the holders.

SOLX is currently still very cheap to obtain for only $0.001618, with 25% of all tokens reserved for early supporters and rewards. In addition, SOLX stakers can earn an APY of up to 249%. The principle behind purchases and staking is simple: the earlier an investor enters, the greater the potential returns.

To the official website of Solaxy

Mind of Pepe (MIND)

MIND of Pepe (MIND) is a new presale that is rapidly gaining popularity. Just two weeks after its launch on January 13th, the project has already raised over $4.2 million.

MIND combines innovation and usability. On the one hand, it is a self-evolving AI agent that analyzes enormous amounts of data to provide holders with valuable insights in real-time and improve their trading strategies.

In addition, the AI agent manages its own wallet, creates coins within the Telegram community, integrates with various dApps, Twitter and Telegram, and manages online communities. Moreover, it can communicate with influencers and thus increase its influence within the crypto world, benefiting the $MIND community.

Investors can now buy MIND for only $0.0032144, but the price will rise as the presale progresses. The project also offers staking opportunities with an APY of up to 522% per year. These rewards are dynamic and will decrease as more early investors join.

To the official website of Mind of Pepe

Best Wallet (BEST)

Best Wallet (BEST) was one of the most popular presales early 2025 and has since surpassed the $8.5 million mark. What makes this project unique is that it already has a well-developed Web3 wallet ecosystem with a revenue-generating product.

Best Wallet is one of the top-rated non-custodial crypto wallets and is available on both Google Play and the App Store. The wallet supports over 1000 cryptocurrencies and offers a wide range of features including the Best DEX, a fiat-to-crypto onramp, a crypto launchpad, and a staking aggregator for optimized yields.

Early investors can still buy BEST for $0,023775 per token; this price will rise within 24 hours. With an APY of 208% and already over 127 million tokens staked, the staking mechanism is a key attraction.

To the official website of Best Wallet