XRP Surges to Record Levels After 20% Jump, $10 Target Gains Traction

XRP Soars to $3.61, Highest Since 2018, as Volume Spikes and Long-Term Targets Emerge

XRP surged more than 20% in the past 24 hours to reach $3.61, its highest level in over six years, fueled by institutional demand and breakout momentum. The rally came after weeks of consolidation near the $3 mark and was marked by three major volume bursts throughout the day.

According to CoinDesk Analytics, over 200 million XRP were traded during each of the key breakouts at 05:00, 08:00, and 21:00 UTC. The token smashed through critical resistance at $3.52–$3.53, with buyers defending a strong base around $3.29–$3.30.

“Short-term support sits at $2.00–$2.17, while immediate resistance between $2.65–$3.00 has been cleared,” said Ryan Lee, Chief Analyst at Bitget. “$2.50 remains a crucial level for the next move.”

Lee added that if Ripple accelerates adoption in cross-border payments, long-term projections for XRP stretch from $4.20 to over $10 by 2030. Mid-range upside toward $5.89 is possible with progress on regulatory clarity and exchange-traded fund (ETF) approvals.

Despite the rally, indicators remain mixed: the Relative Strength Index (RSI) is neutral, and the Moving Average Convergence Divergence (MACD) shows signs of short-term consolidation ahead.

Open interest in XRP derivatives has now crossed $10 billion for the first time since 2021. Funding rates have flipped positive across major exchanges, reflecting increased appetite for leveraged long positions.

With a 70% gain over the past month, XRP is leading all major tokens—and bullish momentum may still have room to run.