XRP Price Jumps 20% — Is $5 the Next Target?

????Why XRP Is Rallying Now

• Institutional Demand Rebounds: Futures and derivatives data show open interest in XRP nearing 6-month highs, signaling renewed institutional confidence and bullish positioning.
• Technical Breakout: The price cleared the $2.80 resistance zone, breaking a 200-day Bollinger squeeze—historically a setup for large upward moves .
• Altcoin Rotation: As BTC consolidates, funds appear to be rotating into liquid altcoins with strong utility—like XRP—drawing capital from Bitcoin’s strength .

Levels to Watch

Risks & Considerations

• BTC Correlation: XRP may follow Bitcoin’s lead—if BTC retraces, so could XRP.
• Volatility Ahead: Breakouts from tight consolidation zones are often followed by sharp corrections.
• Regulatory Backdrop: Ripple’s legal clarity remains key—any new developments could impact sentiment.

Final Take

XRP’s 20% surge today is more than a fleeting bounce. It reflects deeper momentum: institutional inflows, strong technicals, and altcoin rotation building into a potential move toward $5. Watch the next few days—how XRP behaves around $3.50 will determine if the move is sustainable.