The post 2 Big Reasons Why Ripple (XRP) May Be Ready for a Bull Run appeared on BitcoinEthereumNews.com.
Could XRP be gearing up for a triple or even quadruple price surge? Ripple’s cross-border token has retraced by 3% over the past week and 7% on a monthly scale, currently trading at around $1.03 (per CoinGecko). However, the popular analyst Ali Martinez outlined two factors that could serve as catalysts for a potential upcoming rally. Major Pump Ahead? According to him, the first element is the Tom DeMark Sequential indicator, which has flashed a buy signal on XRP’s monthly chart, “hinting at a possible macro shift from bearish to bullish momentum.” He noted that over the last six years, this metric has marked several major reversals, including a 1,074% price explosion in April 2020 and a 973% jump in August 2022. In contrast, XRP nosedived by 57% in April 2025 after the indicator flashed a sell signal. The second reason is the whales’ buying spree. Martinez revealed that large investors have scooped up more than 380 million XRP (worth nearly $400 million) in the past seven days. Their total holdings have risen to approximately 8.2 billion tokens, representing 13.1 of the asset’s circulating supply. This is an encouraging sign, which shows that this cohort of market participants is perhaps preparing for the next leg up. The accumulation might also boost overall enthusiasm across the community and prompt smaller players to jump in as well: a wave of fresh capital that may ultimately support the price. It is important to note that at the end of his analysis, Martinez paid special attention to the key resistance level of $1.06, where nearly 3 billion XRP were transacted. He thinks that a monthly close above this zone could clear the way for $1.35 and even open the door to a pump to $1.64. You may also like: This isn’t the first…