XRP has recorded its strongest weekly gain since November, with whale wallets reaching a record high, signaling increased confidence among large investors. Veteran trader Peter Brandt forecasts a potential 60% rally for XRP, targeting $4.47, based on a 'highly rare continuation compound fulcrum' setup on the XRP/USDT weekly chart. This setup, marked by complex base formations, suggests a significant price breakout if the market trend continues upward. The rally is further supported by a rise in wallets holding at least 1 million XRP, indicating growing institutional confidence. Onchain sentiment data shows XRP entering the 'belief-denial' phase, often a precursor to further gains. The Net Unrealized Profit-Loss (NUPL) metric reflects rising investor conviction without panic selling, suggesting a healthier rally. However, a break below the $1.80 support line could invalidate the bullish setup.