Will stablecoins for daily payments and XRP soon explode? Whales are hoarding crazily, with unclosed contracts surging by 53%, target price $3.4!

Market sentiment is high, XRP is poised to take off.
XRP has shown strong recent momentum, forming a classic "V-shaped rebound" structure, targeting $3.40! This key price level is not only a psychological barrier but also the historical high point of the 2018 bull market. A breakthrough will completely open up the upside potential.
Even more exciting is that the open interest (OI) of XRP futures skyrocketed by 53% in just 6 days, from $3.61 billion to $5.53 billion. Although it has since slightly retreated to $5.06 billion, it remains well above average levels, indicating that institutions and whales are betting heavily on a rise.
The historical data is astonishingly similar, and signals of a surge have already appeared!
Looking back, whenever XRP OI increases significantly, the price tends to experience explosive growth. For example:
In November 2024, after a surge in OI, XRP skyrocketed by 300% in a single month, soaring from $0.58 to $2.50.
- In January 2025, a similar situation occurred again, with XRP breaking through $3.30, setting a new multi-year high.
This time, the market seems to be replicating history!
Key support levels determine the fate of the bull market
Despite a brief 2% pullback of XRP on May 16, it still firmly stands above $2.40. Renowned analyst Dom emphasized: "As long as XRP holds above $2.40, the upward trend will not change. Once it breaks through $2.80, it will accelerate towards $3.40!"
Multiple positive factors resonate, XRP may usher in an epic market.
1. Whale is frantically accumulating: Recently, 113 million XRP flowed out of exchanges, worth $70 million, indicating that large funds are hoarding.
2. Regulatory bearishness has dissipated: After Ripple's settlement with the SEC, institutional funds are accelerating inflow, and expectations for an XRP ETF are heating up.
3. Trump Supports: Former U.S. President Trump publicly supports XRP and even proposed including it in the national cryptocurrency reserves.
4. Ripple ecosystem expansion: Ripple recently acquired Hidden Road and may integrate USDC, further strengthening the payment network of XRP.
Analysts boldly predict: XRP may hit $11.34!
OG investor Alex Cobb believes that the long-term consolidation of XRP has ended, with a target price of $11.34 by the end of the year, and it could even be higher. Another analyst, EGRAG, has proposed the "ultimate sell strategy," predicting that XRP could ultimately reach $33!
Conclusion: XRP is on the eve of an explosion!
Short-term target: $3.40 (V-shaped rebound neck line)
Medium-term target: $11.34 (driven by institutional funds)
Long-term target: $33 (super bull market expectation)
Now, the market only lacks a trigger point! #NXPC Launchpool# #PPI数据公布# #稳定币立法#