Momentum Builds for XRP as Price Eyes $4 After Fresh Highs
XRP extended its breakout this week, rallying nearly 8% to reach $3.47 — its highest level in 2025 and edging closer to its all-time high of $3.84 from 2018. The move comes amid strong whale accumulation, elevated trading volumes, and growing speculation around the approval of an XRP-backed exchange-traded fund (ETF).
The breakout began with a clean move above the $3.40 resistance, sparking a wave of fresh buying interest. XRP peaked at $3.64 intraday before pulling back slightly as traders locked in profits. Crucially, the $3.42–$3.43 area has now flipped to support, with buyers actively defending the zone on pullbacks.
Key Numbers
- 24h Price Gain: +7.8%, from $3.25 to $3.47
- Intraday High: $3.64
- Volume: 490 million XRP — more than double the average
- Support Zone: $3.42–$3.43
- Resistance Ahead: $3.64, $3.84 (ATH), and psychological $4.00
What’s Driving the Rally
On-chain data shows over 2.2 billion XRP accumulated by large holders during the breakout. Trading volumes surged, briefly propelling XRP ahead of BNB in 24-hour turnover — a sign of rising relevance among top digital assets.
The rally is also being fueled by increasing institutional involvement. Grayscale recently rebalanced its Digital Large Cap Fund to include XRP, and speculation continues to swirl about a potential XRP spot ETF. Meanwhile, the token’s utility in cross-border settlements adds a layer of long-term value that investors are starting to reprice.
Technical Outlook
Momentum indicators remain bullish. RSI is elevated but not yet overbought, and MACD suggests further upside potential. The breakout above $3.40 confirms bullish momentum, with $3.53 now the immediate level to watch. A clean move above that could open the door for a test of $3.84 — and potentially a push toward $4.00.
What Traders Are Watching
- Can XRP hold above $3.42–$3.43 as firm support?
- Will whale activity and institutional flows continue?
- Could a confirmed ETF filing or regulatory shift act as a near-term catalyst?
- Is volume sustainable above current breakout levels?
As XRP consolidates above key technical zones, bullish sentiment appears intact. With ETF optimism building and whales re-entering, a retest of all-time highs may be closer than previously expected.
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