Bulls Regain Control as XRP Breaks Cleanly Higher, Eyeing $2.80 Target

XRP Clears $2.63 Resistance on Strong Volume, Bulls Target $2.75

XRP extended gains over the weekend, jumping 3% to $2.68 on Sunday after decisively breaking above the key $2.63 resistance level. The breakout came amid a 147% surge in trading volume, marking one of the strongest sessions this month.

Market Overview

XRP’s rise from $2.60 to $2.68 establishes a new support base between $2.61 and $2.63, as traders shift focus toward whether momentum can carry the token to the next resistance zone around $2.70–$2.75.

Analysts point to a combination of institutional accumulation and regulatory optimism driving the move. Fund managers have recently reported “hundreds of millions” in inflows into XRP-linked investment products, while speculation around ETF developments continues to support sentiment.

Trading and Volume Dynamics

During the breakout, hourly trading volume spiked to 106.5 million XRP, sharply above recent averages. Price action remained contained within a narrow $0.08 band, reflecting steady, disciplined buying rather than short-term speculation.

Higher lows throughout the session confirmed a constructive structure, while late-session consolidation near $2.67 showed that buyers were defending gains instead of taking profits.

Technical Landscape

The move confirms a clean breakout from a multi-session resistance zone, with strong volume backing the advance — a typical signature of institutional participation.
Newly formed support is anchored between $2.61 and $2.63, while overhead resistance emerges at $2.70–$2.75.

Momentum indicators such as RSI and MACD remain positive on the daily chart, reinforcing a bullish bias. Volume compression following the spike further suggests accumulation rather than exhaustion.

What to Watch Next

Traders are watching for two near-term signals:

A successful retest of $2.63 support to validate the breakout.
Sustained or rising trading volume, which could confirm an extension toward $2.70–$2.75.

Institutional commentary — including remarks from Teucrium Trading citing strong inflows — continues to reinforce the bullish narrative.

That said, a decisive close below $2.61 would invalidate the breakout and risk a return to the prior consolidation zone, marking a potential short-term trap for late buyers.