XRP Climbs 20% to Fresh Highs, Momentum Builds Toward $10 Price Mark

XRP Surges Past $3.60 as Volume Spikes Signal Breakout Momentum

XRP has surged more than 20% in the past 24 hours, hitting $3.61 — a level not seen in over six years — as institutional buyers and momentum traders drove heavy inflows during key breakout windows.

The rally followed a sustained period of consolidation around $3.00, with price volatility spiking near 20%, suggesting strong directional conviction. According to CoinDesk Analytics, each of the major upward moves — at 05:00, 08:00, and 21:00 UTC — saw over 200 million XRP traded, confirming institutional-scale activity.

The $3.52–$3.53 resistance zone was cleanly broken, while the $3.29–$3.30 range served as a reliable support base, where bulls consistently absorbed selling pressure.

Bitget Chief Analyst Ryan Lee outlined potential price zones, saying, “Short-term pullbacks could land between $2.00 and $2.17, while upside continuation may target the $2.65–$3.00 range. A decisive hold above $2.50 remains critical for sustained momentum.”

Lee added that XRP’s long-term outlook remains bullish if Ripple succeeds in expanding payment utility. Forecasts range between $4.20 and $10+ by 2030, depending on broader adoption, ETF approvals, and regulatory clarity. A medium-term target of $5.89 is also on the radar.

Still, technical indicators show a mixed picture. RSI remains neutral, and the MACD trend is bearish—potentially pointing to short-term consolidation before another leg up.

XRP derivatives markets are heating up too, with open interest surpassing $10 billion for the first time since 2021. Funding rates have flipped positive across major exchanges, suggesting traders are leaning heavily long.

With a 70% gain over the past 30 days, XRP now leads all major tokens in performance — and the momentum shows little sign of slowing.