XRP Tests Key $3.23 Resistance After Printing Higher Lows and Increased Volume

XRP Holds Near $3.22 on Strong Volume as Institutional Demand Builds

XRP posted a modest 1.3% gain over the last 24 hours, bouncing from early-session lows to close near $3.22 on the back of strong afternoon volume. The price action, supported by institutional accumulation and a decisive late-session push, suggests growing upside potential.

Key Highlights

• Intraday Range: XRP traded between $3.15 and $3.23, recovering quickly after dipping to $3.16 early in the session.
• Volume Surge: Afternoon trading saw a sharp rise in activity, with hourly volumes reaching 81.78M and 69.06M—nearly double the daily average.
• Closing Strength: XRP closed near its daily high, lifted by a rally in the final hour that saw a strong move from $3.21 to $3.22.
• Support Levels: Key support held firm at $3.16 after multiple successful retests throughout the day.

Technical Picture

XRP maintained a steady upward trajectory during Sunday’s session, forming a clear ascending channel marked by higher lows. Resistance remains at $3.23, but the sustained volume and momentum suggest a breakout may be imminent. Volume spikes just after 20:00 UTC — 2.11M and 1.97M in quick succession — further reinforced the bullish tone, signaling continued interest from larger players.

Market Context

Despite lingering volatility from ETF-driven moves and broader market liquidation pressure, XRP has shown resilience. Ongoing narratives around its utility in global payments and DeFi integrations continue to support long-term demand. Institutional flows appear to be returning, with spot volumes climbing sharply during recovery periods.

Looking Ahead

• Can XRP maintain its position above $3.20?
• Will buying momentum extend through $3.23 and into the $3.25–$3.30 resistance zone?
• Institutional flows and follow-through volume will be key to confirming breakout potential.
• A sustained move above the ascending channel may trigger a run toward $3.30 and beyond.