XRP Shows 2017-Style Bull Run, Analysts Predict $20 as Big Investors Join In
XRP Could Be Starting a Big Rally Like 2017
XRP is showing signs of a potential big price move, similar to its famous 2017 rally. Right now, it’s trading around $2.50–$2.70, and analysts see growing interest from institutions and strong technical setups that could push it higher.
Institutional Demand is Growing
Interest from big investors is increasing. A new XRP investment fund has already collected over $115 million, and trading in XRP futures is hitting billions.
Companies and treasury funds are also joining in. One firm plans to raise over $1 billion to buy XRP for a public company. Large-scale buying like this could reduce available supply, which usually helps prices rise. With institutions showing more interest, XRP is getting attention similar to Bitcoin and Ethereum.
Charts Look Bullish
Technically, XRP’s chart looks like it did before the 2017 rally. Analysts suggest it could be in the early phase of a strong upward move, potentially driving the price into double digits.
Support is holding around $2.50–$2.60. If XRP breaks above resistance near $2.67–$2.70, momentum could increase. Still, caution is needed—short-term pullbacks are possible due to selling pressure from large holders.
Key Levels to Watch
- Upside: A breakout above $2.70 could open the way to $3 and possibly much higher if institutional buying continues.
- Downside: A drop below $2.50 might lead to a pause or consolidation.
ETF approvals, corporate buying, and real-world XRP activity will influence the next move. With growing institutional involvement, XRP might be on the path to repeating a 2017-style rally.
