XRP Breaks Out to $3.61 as Volume Spikes, Price Targets Extend Toward $10
XRP rallied more than 20% over the last 24 hours, climbing to $3.61—its highest price since early 2018—as buyers flooded the market amid strong breakout momentum. The rally followed weeks of consolidation near the $3.00 level and came with three large volume surges that signaled aggressive accumulation.
CoinDesk Analytics reported that each of the key breakouts—at 05:00, 08:00, and 21:00 UTC—saw over 200 million XRP traded, as the token decisively cleared major resistance at the $3.52–$3.53 zone. A high-volume base around $3.29–$3.30 provided strong support throughout the session.
“Short-term downside risk sits between $2.00 and $2.17, while upside zones could stretch to $3.00 in the near term,” said Bitget’s Chief Analyst Ryan Lee. “The $2.50 area is pivotal—it could determine whether the next move is another breakout or a deeper pullback.”
Looking longer term, Lee pointed to potential price targets ranging from $4.20 to over $10 by 2030, contingent on Ripple’s continued traction in global payment adoption. A mid-range projection of $5.89 is possible if ETF approval and regulatory clarity align, he noted.
Despite the bullish price action, technical signals remain mixed. XRP’s RSI is neutral, and its MACD has yet to confirm a full bullish reversal, suggesting that consolidation may precede further gains.
Meanwhile, open interest in XRP derivatives has soared past $10 billion—the highest since 2021—while funding rates have flipped positive, a sign of increasing long-side leverage across major exchanges.
With nearly 70% gains over the last month, XRP has emerged as the top-performing large-cap crypto asset, and current momentum suggests the rally may still have legs.
