XRP staged a major breakout, surging past the key $2.10 resistance as technical momentum and on-chain activity converged to fuel one of the strongest rallies in weeks. The move was accompanied by record-high network activity and a sharp spike in trading volume, signaling broad participation across retail, institutional, and developer channels.
Highlights from the session include:
• XRP climbed from $2.03 to $2.17, overcoming significant sell-side pressure at key resistance levels
• Trading volume jumped 182% above the 24-hour average during the 15:00 GMT breakout
• XRP Ledger activity hit multi-year highs, with over 40,000 Account Set operations recorded
• Accelerated AMM positioning driven by clearer regulatory outlook and rising liquidity engagement
• Institutional accumulation evident in repeated high-volume bursts above 1 million units
The breakout above $2.10 marks the end of a multi-day compression pattern that had formed along the $2.00 support base. The surge in volume—more than double the daily average—confirms the strength of the move and indicates significant participation from larger market players rather than short-term retail activity.
Price action also revealed a well-defined ascending structure, with higher lows at $2.00, $2.04, and $2.155 strengthening the six-month-long ascending triangle. XRP is now approaching the pattern’s upper boundary, suggesting a rising probability of continued gains.
Momentum indicators have shifted decisively bullish. The weekly Stochastic RSI crossed upward from oversold territory, a pattern previously seen before XRP’s 600% rally in 2024 and its 130% breakout earlier in 2025. Combined with record AMM engagement and heightened network activity, the technical setup points to sustained bullish pressure rather than a temporary spike.
Intraday, XRP traded within a $0.14 range, opening at $2.03 and climbing to $2.17 during a 200.5M volume burst at 15:00 GMT—the session’s heaviest activity. After surpassing $2.10, the token reached $2.181 during the 02:12–02:13 window, supported by multiple million-unit volume spikes. Late-session trading consolidated between $2.155 and $2.180, reflecting ongoing accumulation rather than distribution.
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