XRP Forms Lower Highs with Volume Soaring to 169M During Rapid Market Turnaround

XRP Reverses Sharply on Volume Surge, Establishes $3.04 Resistance as Bears Take Control

XRP fell 4.2% over the past 24 hours, dragged lower by a wave of selling that accelerated in the U.S. afternoon session. The token dropped from $3.06 to $2.93, with a key breakdown occurring at 14:00, when price slipped from $3.04 to $2.97 on a surge in volume to 169.41 million—more than three times the daily average of 52.73 million, according to CoinDesk Research.

The sharp move lower has defined a new technical range, with $3.04 now acting as firm resistance and $2.93 emerging as a short-term support zone.

Bearish Structure Confirmed

The late-session move sealed the bearish structure. Between 01:15 and 02:14, XRP fell another 1%, closing the day near the lows at $2.92. A final spike in trading activity, including a 1.6 million volume burst at 02:11, cemented the session’s downside trajectory.

Across the day, XRP traded in a $0.13 range, topping out at $3.08 in the morning before momentum reversed. The intraday price action and volume profile reflect a strong risk-off sentiment among traders.

Technical Outlook Remains Fragile

XRP’s failure to hold above the key psychological $3.00 level, combined with sustained selling on high volume, signals potential for continued downside. The rejection at $3.04 and breach of short-term moving averages highlight a bearish tilt in near-term structure.

If $2.92 breaks, historical support suggests further declines toward $2.87 and $2.80.

Key Levels to Watch

Resistance: $3.04
Support: $2.93, then $2.87
Current Range: $2.96–$2.97
Volume: 169.41M (vs. 52.73M daily avg)

Market Sentiment and Macro Impact

Traders are closely monitoring whether XRP can reclaim the $3.00 level and whether any bullish divergence appears on momentum indicators. Broader crypto sentiment remains fragile amid geopolitical uncertainty and macroeconomic headwinds, which continue to suppress risk appetite.