XRP Flashes Bullish Signal After Reclaiming 21-Week EMA — Could a Major Breakout Be Next?
According to market analyst Shaminem, XRP has just reclaimed its 21-week exponential moving average (EMA), a technical level that has historically acted as a powerful springboard for explosive rallies.
In past market cycles, similar recoveries above this long-term indicator triggered XRP price surges of 400% and even 1,600%, and if this sees the light of day the altcoin could surge to $11.52 or $46.08, respectively from the current price of $2.88.
The 21-week EMA is a key market gauge, often marking the shift between bullish and bearish phases. XRP’s reclaim of this level signals renewed momentum and resilience, suggesting buyers are regaining control after consolidation.
Shaminem identifies $2.71 as XRP’s must-hold support, the line separating strength from breakdown. Holding this level could fuel a bullish push toward $3.20 and $3.60, key resistance zones where profit-taking is likely to test momentum.
Notably, broader market trends reinforce XRP’s bullish setup. Rising institutional adoption of blockchain, coupled with Ripple’s growing role in tokenization and cross-border settlement, positions XRP at the intersection of strong technical and fundamental momentum.
With price reclaiming the 21-week EMA, a trigger for major rallies in past cycles, traders are watching closely for a potential repeat.
Optimism is building as XRP holds above the 21-week EMA. A decisive break past $3.20 could clear the path to $3.60 and beyond, setting the stage for what may be the early phases of another major breakout if history repeats itself.
Meanwhile, XRP has secured strong support at $2.78, a pivotal level that could define its next move.
Hidden Road’s XRPL Integration Could Supercharge XRP Utility
According to renowned crypto observer SMQKE, global prime brokerage Hidden Road is preparing to migrate its post-trade clearing operations onto the XRP Ledger (XRPL), a move that could mark a turning point for XRP’s utility across institutional markets.
Hidden Road, a fast-growing prime broker with deep roots in digital assets and traditional finance, provides infrastructure for institutions to trade seamlessly across multiple asset classes.
Its potential migration to XRPL would leverage the ledger’s speed, low transaction costs, and scalability to handle critical post-trade processes. This shift could streamline clearing, settlement, and reporting for institutional investors, while reducing the inefficiencies that plague legacy financial systems.
The XRP Ledger is already recognized for its robust design, settling transactions in 3–5 seconds with minimal fees. By hosting Hidden Road’s clearing operations, XRPL could become a vital layer in institutional-grade market infrastructure. Analysts argue this could drastically expand XRP’s real-world use cases, moving beyond remittances into high-volume institutional finance.
SMQKE emphasized that this integration could “super charge XRP’s utility,” noting that post-trade clearing is one of the most significant cost centers in global finance.
Traditional methods often involve multiple intermediaries, reconciliation delays, and liquidity bottlenecks. In contrast, blockchain-based clearing on XRPL offers instant settlement, transparency, and on-chain auditability, all crucial for major institutions managing billions in daily flows.
For XRP, the implications are profound. Increased settlement demand directly enhances token utility, as XRP is the native asset required for liquidity and transaction execution on XRPL.
If Hidden Road’s migration proves successful, it could set a precedent for other prime brokers, custodians, and financial institutions to follow suit, positioning XRP as a backbone for next-generation market infrastructure.
Conclusion
If Hidden Road completes its migration, it won’t just validate the XRP Ledger, it could transform global post-trade clearing. By fusing institutional finance with blockchain efficiency, the move positions XRP for a new era of utility, adoption, and market relevance.
XRP’s reclaiming of the 21-week EMA signals a pivotal turning point. With $2.71 as critical support and targets at $3.20 and $3.60, the setup mirrors conditions that fueled past explosive rallies.
