Is James Wynn Behind the Latest Ripple (XRP) Price Breakout?

Is James Wynn Behind the Latest Ripple (XRP) Price Breakout?
Is James Wynn Behind the Latest Ripple (XRP) Price Breakout?

Key notes

  • The price of XRP rose above $2.60 after trader James Wynn revealed a large investment.
  • Wynn’s post received 600,000 views, sparking buying activity over the weekend.
  • XRP is maintaining its three-day winning streak, up more than 12% since Wednesday’s low of $2.30.

Ripple (XRP) price crossed the $2.60 level on Saturday, October 25, hitting a ten-day high. Since forming a local bottom near $2.30 on Wednesday, XRP has advanced steadily, gaining momentum over the weekend. The recent 5% surge coincided with a post from a prominent trader who goes by the pseudonym, James Wynn, who revealed an impending investment move in XRP.

XRP price surges above $2.60 as James Wynn sparks market frenzy

The Ripple-issued coin is now on track to be profitable for the third day in a row, with cumulative gains exceeding 12% if it closes above $2.60 on Sunday. Wynn’s post, shared to his 435,000 followers, attracted nearly 600,000 views within 12 hours, suggesting imminent inflows into XRP, indicating the potential to disrupt global banking systems.


James Wynn is known throughout the online cryptocurrency communities for his high-risk speculative trades that have previously produced huge profits and equally large losses. The timing of his post, combined with XRP’s rebound, suggests a psychological catalyst is at play as traders respond to his comments in the market.

Ripple (XRP) price movement on October 25 | Source: CoinMarketCap

According to CoinMarketCapXRP’s 5.8% rise over the weekend came despite weak trading volumes, which fell 4.5% to $3.9 billion. This suggests that fewer orders driven by whales were likely to blame for the latest phase of the XRP price rally, as retail participation remained limited over the weekend.

XRP Price Forecast: Bulls Eye $2.85 After Breaking 10-Day Resistance

At press time, XRP is trading around $2.61, consolidating below the key resistance level at $2,855, which is the upper band of the Keltner Channel. The Relative Strength Index (RSI) is currently reading 50.95, hovering near neutral territory, indicating further upside potential before the market heats up.

Parabolic SAR points have turned below price candles for the first time since early October, also confirming a short-term bullish reversal. Meanwhile, XRP price action rose above the midline of the Keltner Channel at $2.54, reflecting increasing buying pressure despite lower liquidity at the end of the week.

If buyers can break above the $2.85 resistance area, the next upside target is near $3.00. Maintaining this level could extend gains towards $3.20, the last local high tested before the early October collapse.

Technical analysis of Ripple (XRP) price | Source: Trading View

Technical analysis of Ripple (XRP) price | Source: Trading View

On the downside, the first support line is located around $2.54, coinciding with Keltner’s midline, followed by a stronger basis at $2.22, which represents the lower limit of the channel. A daily close below that area could invite renewed downward pressure towards $1.77, marked by the SAR.

Best pre-wallet sales exceed $16.5 million as Ripple (XRP) sparks speculative interest

With top traders like James Wynn betting big on XRP’s recovery prospects, early-stage blockchain projects like Best Wallet (BEST) are also attracting speculative interest. Best Wallet provides cross-chain compliance, enterprise-grade multi-signature security, and deploys AI features to disrupt the $26 billion custodial wallet market.

Best pre-sale wallet

Best pre-sale wallet

The pre-sale of the best wallet has now exceeded $16.5 million, with tokens trading at $0.026 before its public launch. Investors can visit The official website of the best wallet To access exclusive early access rewards before the next price update.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to provide accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify the information yourself and consult with a professional before making any decisions based on this content.

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Ibrahim Ajibadi

Ibrahim Ajibade is an experienced research analyst with a background in supporting several startups and financial institutions in the Web3 space. He has his undergraduate degree in Economics and is currently studying for a Masters in Blockchain and Distributed Ledger Technologies at the University of Malta.

Check him out Ajibade on LinkedIn.


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