XRP Price Prediction: $2.36 Significant Breakthrough for the Price Rise on May 11 to $3

XRP has once again become the center of attention as the bullish momentum is holding this token, currently trading at $2.36 after a 3% increase on the day. Driven by a 15% increase in trading volume, XRP traders are now looking forward to May 11 with significant interest. Currently, an important announcement from Wellgistics Health, a Nasdaq-listed company (WGRX), appears to be the main driver for the current bullish trend of XRP and provides us with some important clues about tomorrow’s price. Wellgistics Applies XRP: Bullish Indicator for Price on May 11 By applying XRP as both a treasury reserve asset and a real-time payment method, Wellgistics is pioneering a potential use case that could revolutionize the way payments are handled in the healthcare sector. The use of XRP, with transaction fees under 0.0002 dollars and a payment speed of 3-5 seconds, creates a stark contrast with the slow and costly traditional banking systems. With Wellgistics’ extensive reach of over 150 manufacturing contracts and a network of more than 6,000 pharmacies, this move could not only legitimize XRP in institutional finance but also set a precedent for adoption across the industry. XRP Whale Activity: Price Warning Notice on May 11 However, a notable move by an XRP whale raised a warning on May 11. On May 9, the blockchain tracking company Whale Alert reported a transfer of 29.53 million XRP ( worth over 69 million dollars ) to Coinbase from an unidentified wallet. This large-scale move is seen as a potential sell signal.

Although such large money transfer transactions can sometimes be internal movements on CEX or payments through OTC exchanges, the market often interprets these events as bearish signals, which may indicate that selling pressure could affect the price of XRP tomorrow. On the other hand, a reputable voice on the XRP forum, Pumpius, has revived the idea of a global financial reset, in which XRP will play a central role. Pumpius describes XRP not just as a token, he calls it “the citizen’s paper in the post-reconstruction financial empire” and believes that those who hold XRP are in a favorable position for this change, unlike those who hold fiat money or other speculative currencies. Technical Outlook of XRP: Key Levels for May 11 The daily price chart of XRP (XRP/USDT) provides key technical indicators for its performance on May 11. The Bollinger Bands are starting to widen after a squeeze, with the price currently testing the upper band at $2.35–$2.36. A breakout in this area could indicate the start of a new bullish phase. The support level is around $2.20 (Bollinger Band Middle) and $2.07 (Bollinger Band Lower). Additionally, the RSI is at 63, approaching the overbought zone but still has room for further bullish momentum. The RSI has also crossed above its moving average, indicating a continuation of the bullish trend.

If XRP suddenly breaks through the $2.36 level, we may see it rise to the next resistance level of $2.50, with the potential to increase to $2.80–$3.00 if the bullish momentum continues. Institutional interest and a strong narrative could push XRP back to December’s highs near $3.50.