Crypto investor CW predicts the end of XRP’s retest is near, signaling a start of a significant price rally. The analyst believes this upward movement will begin before June. A technical chart supporting CW’s prediction showcases XRP breaking out of a descending wedge formation, indicating a bullish trend.
CW highlights that this phase marks the final stages of a sideways price movement before XRP resumes its bullish trajectory. This potential shift in market momentum is supported by XRP’s recent price break from a broader descending structure that started in late 2024.
The technical setup aligns with a growing bullish sentiment surrounding XRP, driven by legal developments in the Ripple-SEC case, which has moved toward resolution. This has allowed Ripple to expand into jurisdictions with favorable regulatory policies and boost confidence in the long-term utility of XRP. Institutional adoption of XRP’s On-Demand Liquidity (ODL) product continues to gain traction, further strengthening the asset’s practical value.
CW’s prediction mirrors sentiments expressed by other prominent analysts like JackTheRippler, who predicts XRP could reach $28-$30 by October 2025. Even though these long-term predictions remain speculative, they contribute to a growing optimism surrounding XRP’s near-term prospects. CW emphasizes that the next rally could begin as soon as June.