Featured News Headlines
XRP Volume Spikes 49% as Price Hits $3.05 — What’s Next?
XRP is showing signs of bullish momentum after gaining 1.67% in the past 24 hours to trade at $3.05, with daily trading volume soaring by 49%, signaling strong market participation.
Breakout Above Long-Term Resistance
According to AMBCrypto’s technical analysis, XRP has broken above a descending trendline that had been in place since July 18, 2025. The daily candle closed above this resistance, which is typically a bullish confirmation.
If the upward momentum continues, analysts suggest that XRP could surge over 20%, potentially hitting $3.66. However, $3.40 remains a key resistance level, which may act as a short-term barrier.
To maintain the bullish structure, XRP must hold support at $2.93. A breakdown below that could lead to a quick drop toward $2.70, where liquidity may be targeted.
Mixed Technical Indicators
The Supertrend indicator still shows a red signal above XRP’s price, reflecting ongoing selling pressure. However, the Relative Strength Index (RSI) has climbed to 57, showing growing bullish strength without yet being overbought.
A well-known crypto analyst on X (formerly Twitter) commented,
“If XRP can break $3.05 cleanly, the next leg toward $3.60 could unfold quickly.”
XRP has since reached this predicted level, reinforcing the bullish sentiment.
On-Chain Data Shows Divergence
Despite the price increase, CryptoQuant data shows Binance’s XRP reserves rose by 43 million in the last week—typically a red flag indicating potential increased selling.
At the same time, traders continue to pile into long positions, with $65.21 million worth of longs and $24 million in shorts. Key liquidation zones sit near $2.988 and $3.084, reflecting areas of over-leverage on both ends.
