From Cointelegraph

May 2, 2025 10:25 AM:

XRP is in its strongest spot premium phase, indicating real buying demand over speculative trading. The number of XRP addresses holding ≥10,000 tokens has increased steadily. A falling wedge pattern suggests a potential breakout to $3 to $3.78, with up to 70% upside if confirmed. XRP’s 350% rally is driven by actual demand, not just futures trading. The whale count has risen despite a 35% price pullback, showing larger holders are accumulating positions. Optimism grows for spot XRP ETF approval in the US following SEC’s lawsuit drop against Ripple. A breakout above $2.52 could lead to a 70% price rally for XRP by June.

Read more at Cointelegraph: Moon soon? XRP’s strongest spot premium aligns with 70% rally setup