XRP Price May Be Hiding a Brewing Storm, Promises Jake Claver, Managing Director of Digital Ascension Group

XRP's price has remained frustratingly stagnant despite increasing regulatory clarity, rising institutional involvement, and a steady expansion of real-world use cases. But according to Jake Claver, Managing Director of Digital Ascension Group, this range-bound movement may be hiding a brewing storm.

Despite increasing regulatory clarity, rising institutional involvement, and a steady expansion of real-world use cases, XRP’s price has remained frustratingly stagnant. But according to Jake Claver, Managing Director of Digital Ascension Group, this range-bound movement may be a brewing storm in disguise.

In a recent thread on X, Claver shed light on the role of dark pools - private markets where large crypto transactions occur off-exchange - as a hidden force behind XRP’s sideways action.

Ever wonder why #XRP price feels stuck even with all the big news and adoption stories flying around? Dark pools are an invisible force playing a role, holding prices stable, but one catalyst could trigger one of the biggest moves ever. 1/23🧵

According to Claver, the rise of dark pools in crypto is “kind of a double-edged sword.” He further explained:

“They hide bullish momentum and drag prices down short term, but long term, they build the perfect setup: hidden accumulation, tightening supply, and eventually… the dam bursts.”

As major institutions – like hedge funds, family offices and even nation states – are deploying billions into crypto, they prefer to avoid impacting market prices with large buy orders. Smaller buy orders are executed regularly on exchanges like Binance, Coinbase and Kraken to top up the institutions’ holdings.

Platforms like Coinbase and Kraken have already launched institutional trading services, allowing large players to scoop up tokens silently. Claver warned that currently, “Xרית could be getting heavily suppressed.”

Coinbase, Kraken and others have rolled out these services for big clients. Plus, new decentralized options are being made by firms like CodeChain and Block8. These services allow institutions to seamlessly enter and exit large positions without impacting market prices on exchanges.7/23🧵

He noted that during such scenarios, even die-hard believers start doubting. But if investors hang tight, they might just catch what comes next, the executive added.

XRP Technical Analysis: Quiet Before the Breakout?

On the technical front, XRP is currently trading at $2.2655 at the time of writing, after pulling back slightly from a recent high of $2.2465. A closer look at the daily chart using Fibonacci retracement levels (from $1.6171 to $2.2465) reveals key zones of interest:

So far, XRP has respected the 0.382 and 0.5 Fib levels, bouncing sharply, which indicates that bulls are defending these zones aggressively. That bounce is now being followed by consolidation - the "boring" part Claver discussed

On the other hand, the Relative Strength Index (RSI) is approaching 59, still below the overbought threshold, while the MACD (Moving Average Convergence Divergence) remains bullish, with the MACD line (blue) moving above the signal line (orange) and the histogram bars turning green.