Technical analyst Crypto Patel recently expressed a bullish outlook on XRP. He pointed out that the ongoing accumulation by institutions and strong ETF inflow data are the main basis for his long-term target prices of $5, $10, and $15.
In a recent tweet, the analyst noted that large investors are continuously increasing their investments in XRP, while many retail traders are still focused on short-term price fluctuations.
Institutional capital inflow remains a core focus
The analyst believes that the current price movement of XRP does not fully reflect what is happening behind the scenes. Although some traders may think the market is inactive or slow, Crypto Patel claims that stable institutional capital inflow presents a different picture. He described this phase as an accumulation period before a significant price surge.
Crypto Patel also hinted that retail investors may not yet understand the scale of institutional positioning taking place in the market. According to the analyst, major players continue to quietly build positions while overall sentiment remains mixed for small investors.
XRP Accumulation Range and Market Outlook
In addition to long-term targets, Crypto Patel identified what he considers to be key accumulation ranges for XRP. He stated that $1 and $0.70 could provide strong buying opportunities when the larger crypto market experiences significant corrections. The analyst suggested that followers view any sharp declines as potential long-term accumulation phases rather than reasons for panic.
Long-term targets remain clear.