XRP Eyes Explosive 70% Rally Ahead of Coinbase Futures Launch Under CFTC Oversight
Chart patterns signal bullish reversal as institutional interest grows
XRP Set to Surge with CFTC-Regulated Futures on Coinbase
The price of XRP is flashing bullish signals, and market analysts believe a major rally could be imminent. Following a nearly 40% drop from its multi-year high of $3.40, XRP now trades around $2.13 — but that might not last long.
Fueling renewed optimism is Coinbase’s upcoming launch of XRP futures contracts on April 21, which will be regulated by the U.S. Commodity Futures Trading Commission (CFTC). This development could introduce significant institutional liquidity, creating the conditions for XRP to break out of its current downtrend.
“This is a major milestone — the first regulated XRP futures in the U.S.,” one analyst noted. “It could be a game-changer.”
Wyckoff Reaccumulation Pattern Suggests Breakout to $3.55
Technical analysts are zeroing in on a Wyckoff reaccumulation structure forming in XRP’s price chart — a mid-cycle pattern that signals preparation for a large upward move.
Since late 2024, XRP has been consolidating within this structure, establishing support and exhausting sellers. By April 2025, the asset had completed key “Spring” and “Test” phases, with prices now attempting a “Jump Across The Creek” — a technical breakout that could trigger Phase D and E of the pattern.
If confirmed, this structure projects a 70% price rally, potentially lifting XRP to $3.55 in the coming weeks.
“Smart money appears to be accumulating during this cooldown,” said crypto chartist Charting Guy, suggesting a major move is forming under the surface.
Fibonacci Points to $5.65 — If XRP Clears $3.55
Looking even further, a Fibonacci retracement from XRP’s all-time high of $3.55 down to $0.14 sets an extended upside target near $5.65 — a level that could be tested by June 2025 if momentum continues.
Falling Wedge Breakout Could Push XRP to $4.00 by May
Complementing the Wyckoff structure is a falling wedge pattern, a classic bullish formation spotted by analyst Jobcfx. The wedge has been tightening since February 2025, with XRP now pressing against the upper trendline near $2.20–2.40.
A breakout above this line would validate the reversal, opening the door for a surge toward $4.00, aligning with the Wyckoff projection.
“We’re seeing multiple technical indicators converge,” said one crypto analyst. “The odds of a significant rally are stacking up fast.”
Bitcoin’s Breakout Could Accelerate XRP’s Gains
Interestingly, Bitcoin (BTC) is also forming a falling wedge pattern. If Bitcoin confirms a breakout, analysts believe altcoins like XRP could rally in sympathy, giving the entire crypto market an extra push.
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