🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
Early Crypto Adopter Expects XRP Parabolic Price Ascent. Here's the Timeline
XRP’s current market trajectory may be on the verge of a historic shift, according to early crypto adopter and outspoken analyst Crypto Bitlord. With XRP trading at $2.18, Bitlord took to X to declare that the token is “way overdue” for a parabolic explosion.
He likened the anticipated price move to a “skateboard ramp”, suggesting a nearly vertical ascent, a style of price action that historically follows periods of extended consolidation.
This bold prediction has captured the attention of XRP enthusiasts and crypto traders alike, as many wonder whether Bitlord’s timing finally aligns with market conditions. Known for his early advocacy of XRP, Bitlord has in the past called out pivotal buying moments that preceded sharp rallies, lending weight to his recent statement.
Technical Patterns Support Explosive Move
Chart analysts are observing the emergence of a bullish cup-and-handle formation on XRP’s short-term timeframes. This classical pattern often precedes a strong breakout, and in XRP’s case, points toward an immediate target around $3.35, a level that sits about 54% above its current price.
@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5"]{width:320px;height:100px;} } @media only screen and (min-width: 728px) and (min-height: 0px) { div[id^="wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5"]{width:728px;height:90px;} }
In addition, indicators such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) are flashing early bullish signals, suggesting that XRP may be preparing for significant momentum
Several analysts, including Ali Martinez and JD, have cited these signals in recent weeks as evidence that the groundwork for a parabolic move is being laid. One key resistance level to watch is in the $2.47 to $2.80 range; clearing this zone with volume could open the gates to rapid price acceleration.
Legal Clarity and Institutional Expansion
Beyond technicals, fundamental developments are playing an equally crucial role in shaping sentiment. Ripple’s protracted legal battle with the U.S. Securities and Exchange Commission (SEC) has seen major resolutions in recent months
While Judge Torres recently rejected the proposed settlement motion, Ripple’s decision to drop its counter-appeal, followed by indications that the SEC may abandon its appeal, has significantly reduced regulatory uncertainty surrounding XRP.
This legal clarity comes just as Ripple continues expanding its global payment infrastructure. XRP is increasingly being used in Ripple’s On-Demand Liquidity (ODL) network, supporting real-time cross-border payments. These developments lend long-term confidence to XRP’s utility, and they serve as a foundation for institutional adoption, even as the retail market awaits a breakout.
Speculation and Sentiment in the Current Market
Despite Bitlord’s high-confidence post, it’s worth noting that some traders remain cautious. On-chain data shows mixed signals, with modest declines in active wallet activity and some profit-taking from larger holders. However, these patterns are not unusual before large upward moves, especially when traders reallocate capital in anticipation of volatility.
Historically, XRP’s strongest rallies have followed long periods of stagnation, which may be precisely what’s unfolding now. Crypto Bitlord believes the timing is right, stating that the window for this ramp-like breakout could open “within 24 hours.” While that timeline is speculative, it’s grounded in a context of building pressure across multiple market layers.
At $2.18, XRP sits on the edge of a possible parabolic ascent. Crypto Bitlord, a seasoned market participant, anticipates a near-vertical rally, driven by bullish technicals and strengthened fundamentals
The resistance levels are clear, the sentiment is cautiously optimistic, and the legal clouds are beginning to clear. Whether this moment produces the long-awaited breakout or simply sets the stage for one, XRP’s trajectory is poised to shift dramatically, and soon.
Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*