XRP’s Next Move: Breakout Coming?

XRP is showing strong signs of momentum as it trades at $2.14, reflecting a 1.29% gain in the past 24 hours.

 

XRP Chart (Source Coingecko)

With a robust 24-hour trading volume of $4.41 billion and a total market cap of $124.98 billion, XRP currently holds a 4.15% dominance in the overall crypto market.

While the general market sentiment remains neutral, the Fear & Greed Index is at 67, indicating growing greed and buyer interest. This could signal that investors are preparing for a potential upward move.

Key Technical Levels to Watch:

• Support Zone: $2.00 – $2.05

• Immediate Resistance: $2.25 – $2.30

• Breakout Target Range: $2.50 – $3.00

If XRP can hold above the $2.00 support zone and break cleanly above $2.30, the price could accelerate quickly toward the $2.50 level or higher.
On the other hand, if XRP fails to break resistance, a brief consolidation between $2.00 and $2.20 is likely before another attempt to move upward.

Market Momentum

XRP’s current market strength is backed by:

• High daily volume, showing strong trading interest

• A steady supply growth rate of 5.92% (3.27B XRP added in the past year)

• Ranking #3 among Layer 1 cryptocurrencies

• Leading the pack in US-based crypto projects

These factors suggest XRP is in a strong position within the broader market and may continue to attract attention from both retail and institutional investors.

Final Thoughts

All eyes are on XRP as it approaches a critical resistance level. The price action, trading volume, and sentiment suggest a possible breakout in the near future. If bulls take control, XRP could head toward the $2.50–$3.00 range sooner than expected.

Stay alert — XRP’s next move could be big.

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