XRP has once again captured the spotlight as traders and analysts converge on what appears to be a major structural shift forming on its multi-year chart.
After weeks of sideways consolidation between $2.20 and $2.60, the token is now approaching a critical breakout zone that could redefine its next long-term trajectory.
The renewed optimism comes amid broader crypto market strength and a remarkable institutional development involving Evernorth, a Ripple-backed digital-asset treasury firm that recently accumulated nearly $1 billion worth of XRP .
The Technical Foundation for a Major Move
Market analyst EtherNasyonal described XRP as being “stuck between its 2017 and 2021 peaks,” but suggested that this prolonged phase is not stagnation—it’s maturation. On the monthly chart, XRP appears to be completing a re-accumulation cycle, a structural setup historically seen before explosive expansions.
$XRP You're not ready for the next wave 🌊
Stuck between its 2017 and 2021 peaks, XRP is maturing in a years long reaccumulation phase.
This silence is a precursor to a major move.Once the structure is complete, a new parabolic wave will take hold. pic.twitter.com/W6CM9JahSk
— EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 27, 2025
Recent price behavior supports that thesis. XRP has repeatedly rebounded from the $2.20 support zone, forming higher lows and tightening its range near $2.65. Momentum indicators also align with the bullish setup:
- The RSI has climbed steadily above the 50 neutral line, reflecting renewed buying strength.
- The MACD has turned positive, showing growing momentum in favor of the bulls.
If the pattern sustains and price clears $3.65 decisively, technical models project the next target band between $8 and $10—an area aligning with Fibonacci extensions of previous cycle highs.
Institutional Demand: Evernorth’s Billion-Dollar Bet
Evernorth’s arrival has quickly become one of the most talked-about stories in the XRP ecosystem. In its first week of operation, the Nasdaq-bound firm accumulated roughly 388.7 million XRP, spending about $947 million to establish its treasury. According to on-chain data, the average acquisition cost was around $2.44, giving the firm more than $75 million in paper gains at current market levels near $2.67.
Evernorth’s model mirrors MicroStrategy’s Bitcoin strategy but tailors it to XRP’s liquidity network. The company plans to use its holdings actively—providing liquidity, lending, and participating in yield programs—to expand its per-share XRP value.
CEO Asheesh Birla described this approach as “a symbiotic model designed to align Evernorth’s growth with XRP’s ecosystem utility.”
Ripple Effect Across Wall Street
The Evernorth development appears to have inspired a wave of XRP-focused treasury plans. Firms such as Trident Digital Tech Holdings, Webus International, and VivoPower have all disclosed XRP allocation strategies, ranging from $10 million to half a billion dollars.
Even more notably, REX-Osprey’s XRPR ETF —the first U.S. exchange-traded fund offering direct XRP exposure—has already crossed the $100 million AUM mark, highlighting institutional demand for compliant investment vehicles tied to the asset.
Market Sentiment Strengthens
XRP’s current technical structure shows a textbook higher-low formation after months of reaccumulation. Buyers continue to defend the $2.28–$2.40 range aggressively, signaling accumulation beneath major resistance. As volume expands, analysts believe XRP is positioning for a sustained breakout, potentially mirroring its 2017 surge.
$XRP history doesn’t repeat, but it rhymes.
After its major trend breakout in 2017, XRP initiated a two stage parabolic run, Wave 1st, followed by Re-accumulation, and then Wave 2nd.
Today, the picture looks surprisingly similar.
Some cycles don't just repeat…they are reborn. pic.twitter.com/iZxcHgPu8b— EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 24, 2025
Crypto trader James Wynn recently reinforced that optimism, calling XRP “a transformative bet on global payments infrastructure.” While some community projections remain speculative—like the notion of XRP eventually reaching $500—the momentum behind institutional accumulation has given the token a tangible foundation for renewed confidence.
Outlook
With market momentum returning, institutional inflows accelerating, and technical charts aligning, XRP’s setup is evolving into one of the most compelling stories in crypto right now. If the price breaks decisively above its multi-year resistance, analysts agree that the long-awaited parabolic wave could finally begin—potentially redefining the asset’s role within the digital-payments landscape.
