XRP price will hit $25 if ETF approved, then crash 90%, new analysis says

Bitcoin's sudden surge past $107,000 is not just a bullish chart moment; it is a liquidation event of epic proportions that has turned the tables on short-sellers in a big way.

In the last few hours, BTC's rapid ascent triggered a wipeout of over $39 million in liquidations, with an impressive $38.95 million from shorts alone, versus a tiny $73K in long positions, according to data visualized on CoinGlass.

That is not just imbalanced — it is a 53,247% skew in favor of long positions, making it one of the most lopsided liquidation snapshots Bitcoin has seen in a while. 

Looking at the big picture, we are seeing a total of $65.49 million in crypto liquidations over the past four hours, with shorts accounting for over $61.6 million. It is clear that this was not just a BTC story — it was a marketwide pain for the bears.CoinGlass">

Other major names also got caught up, but nowhere near BTC's scale. Ethereum had $6.58 million in liquidations, while Solana and DOGE had smaller but notable clearing events. But what is interesting is how Bitcoin totally dominated the heatmap, both in raw numbers and relative impact. This suggests a concentrated bear squeeze.

The liquidation heatmap turned a deep shade of red, with shorts lighting up everywhere. Different altcoins like PEPE and SUI followed suit, showing that shorts across various narratives were caught off guard by this sharp BTC breakout.

Unlike typical slow climbs, this was a full-speed, parabolic rise upward, a sudden vertical push likely fueled in part by renewed U.S.-China trade talks in London, which may have reenergized global risk sentiment.

The XRP price is holding strongly above $2, maintaining its momentum as technical indicators show signs of a bullish trend. Notably, a distinct Falling Channel on the XRP price chart suggests that a breakout could be brewing, with a potential rally toward $3.8 in sight.

XRP Price Holds Steady As Bulls Target $3.8 

A technical analysis by Rose Premium Signals reveals that XRP is currently flashing strong bullish signals following a breakout from a long-term Falling Channel. Earlier in January, XRP broke past $3 but experienced a strong correction that has kept its price down ever since. Despite the ongoing downtrend, XRP has been firmly holding above the $2 threshold as it prepares for new all-time highs.

Previously, XRP traded within a descending range for several months, forming lower highs and lower lows. However, recent price action has seemingly invalidated this downtrend structure with a decisive breakout above the upper boundary of the Falling Channel, indicating a potential trend reversal and the beginning of a bullish continuation.

The chart shared by Rose Premium Signals on X (formerly Twitter) shows that after the breakout, XRP has been consolidating above the former resistance-turned-support zone, around the $2 level. The analyst confidently states that XRP’s outlook remains inherently bullish despite past downtrends, suggesting that the recent consolidation pattern indicates that bulls are still in control. 

Notably, the breakout above the Falling Channel is significant, as it typically implies a strong upside move, especially on higher time frames. Projected price targets based on technical formation are positioned at $2.9520, $3.3967, and $3.8767. Interestingly, the highest projected target exceeds XRP’s all-time high of $3.84 and reflects a 73.54% increase from current price levels. 

It’s important to note that these bullish targets forecasted by Rose Premium Signals align with historical resistance zones and measured moves from the Falling Channel breakout. If momentum sustains and market conditions remain favorable, XRP could rally toward these targets over the coming weeks, potentially offering significant upside for long-term holders and traders. 

Analyst Says Buy The Dip, With Ideal Entry At $1.85

While forecasting several optimistic targets for XRP, Rose Premium Signals emphasized a strategy of buying the altcoin during dips. This method aims to capitalize on low price points to maximize potential gains as XRP rebounds. 

The analyst‘s chart highlights the $1.85 support level with a clear “Buy Here” label, suggesting that this level is considered an ideal entry point should the price revisit it. Currently, XRP is trading at $2.23, meaning a drop to $1.85 would represent a 17.04% decrease. According to the analysis, this support level also marks the base of the recent Falling Channel breakout, providing a favorable risk-reward setup for those looking to enter or expand their positions.

In terms of market movement as well as on-chain activity, XRP is displaying signs of resurgence. The network has previously recorded over 800 million daily transactions, a remarkable number that confirms its importance in the global remittance and payment landscape. The given payment volume data demonstrates that the recent spike in XRP's blockchain activity is more than a random occurrence.

The volume of XRP's on-chain transactions increased several times between May 9 and June 9, reaching close to half a billion dollars on several occasions. The subsequent sharp decline could appear to be a cool-off, but for high-velocity assets like XRP, such volume compression frequently comes before an explosive rebound. XRPScan">

According to the market chart, XRP recently broke through a level of descending resistance, which is a technical move that can spur additional upward movement. The idea that bulls are not done yet has been strengthened by the price's confident bounce from the 200 EMA. Constructive momentum is building as XRP trades above the $2.20 mark and tests the resistance band between $2.26 and $2.30.

Growing buying interest is indicated by the RSI rising out of neutral territory and volume indicators turning upward. There is a strong chance that XRP will retest the 800 million on-chain volume threshold because of this technical and on-chain convergence. A marketwide reevaluation of XRP's usefulness and value could result from such a resurgence, which would indicate actual demand and usage rather than just noise.

XRP is exhibiting indications of a multi-layered resurgence rather than merely rising. There is a greater chance of a push toward $2.70 and possibly higher if payment volumes increase once more and price action stays above the 200 EMA. If the asset continues to have this dual traction on the market and on-chain, the $800 million milestone might not only be reached again but exceeded.