- XRP Surpasses Boeing in Market Cap, Reaching a New Milestone at $125.7 Billion
- Wave 5 Structure and $2.40 Resistance Level Hint at a Bullish XRP Continuation
- Inverse Head and Shoulders Pattern Points to Possible XRP Surge Toward $2.70
XRP has officially surpassed Boeing in market capitalization as per Amelie, an analyst analysis. With XRP now valued at $125.7 billion, it outpaces Boeing’s $124.6 billion market cap. This achievement is significant, not only as a headline-making milestone but also as a potential signal of growing investor confidence in the digital asset.
While Boeing operates in the aerospace sector, XRP continues to push boundaries within global finance. Its increasing relevance among traders has sparked a fresh wave of bullish predictions from market analysts.
⚠️ BREAKING:#XRP HAS FILLED BOEING IN MARKET CAP! ✈️
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) April 22, 2025
XRP: $125.7B
BA: $124.6B pic.twitter.com/hkwzzwOoPa
XRP Approaches Wave 5: Analysts See Momentum Building
Crypto analyst Dark Defender highlighted XRP’s current position within the Elliott Wave structure. He believes the asset has reached the end of its Wave 4 correction. According to his analysis, XRP reversed precisely at $2.1937 a price target he predicted using short-term wave patterns. This reversal signals the potential beginning of Wave 5, which is typically associated with a sustained bullish rally.
Hi all. As most of you know, I was highlighting the monthly wave structure, and I wanted to give more details on what that looks like from a broader perspective.#XRP is almost coming to an end of this Wave 4 correction. We were discussing a smaller time frame structure offline,… pic.twitter.com/ym23ksVeVi
— Dark Defender (@DefendDark) April 22, 2025
Besides the broader weekly outlook, he noted three smaller waves still unfolding on lower time frames. He urged investors to keep a close watch on the $1.8815 support level. If XRP holds above this, the next key resistances are $2.222 and $2.40. A breakout above these levels could trigger a sharp price surge.
Consequently, the current chart structure is catching attention for its technical clarity and bullish potential. With price currently hovering around $2.29, the asset has gained over 9% in the last 24 hours and more than 10% over the past week.
Inverse Head and Shoulders Pattern Signals Breakout
Ali Martinez, another respected crypto analyst, offered further bullish insight. He pointed out an inverse head and shoulders formation that has developed since March 29 on the 1-hour chart. According to Martinez, this classic bullish reversal pattern has a neckline resistance set at $2.40.
If XRP closes above this neckline, he projects a move towards the $2.70 level. Such a breakout would not only confirm the pattern but also align with Dark Defender’s broader Wave 5 thesis.
Moreover, the significant rise in daily trading volume now at $5.4 billion adds fuel to the growing momentum. This surge in activity suggests increased market participation and strengthens the case for a potential breakout in the days ahead.
