XRP Climbs 8% as Ascending Triangle Pattern and RSI Strength Fuel Upside Move

XRP delivered a standout performance as it tore through the major $2.10 resistance level, backed by powerful volume expansion and record-breaking on-chain activity. The move marked XRP’s strongest technical breakout in weeks, fueled by a rare alignment of chart structure, momentum indicators, and escalating network engagement.

Key developments from the surge include:
• A sharp rally from $2.03 to $2.17 as buyers absorbed sell pressure at key resistance zones
• Trading volume soaring 182% above its daily average during the 15:00 GMT breakout burst
• XRP Ledger activity jumping to multi-year highs with over 40,000 Account Set operations
• Accelerating AMM positioning supported by improving regulatory clarity and rising liquidity flows
• Firm signs of institutional accumulation, reflected in repeated million-unit volume spikes

Breaking above $2.10 ends a multi-day tightening phase that had compressed along the $2.00 support shelf. The dramatic volume expansion—more than doubling typical daily flows—adds credibility to the breakout and signals that larger market participants were driving the move rather than short-term speculative traders.

Price action has also carved out a clean ascending structure, with higher lows at $2.00, $2.04, and $2.155. These levels reinforce the six-month ascending triangle pattern that XRP has been building, pushing the asset closer to the formation’s upper boundary and increasing the likelihood of follow-through.

Momentum indicators are shifting decisively in favor of the bulls. The weekly Stochastic RSI has crossed upward from oversold territory—a setup historically linked to XRP’s largest rallies, including its 600% move in 2024 and its 130% breakout earlier this year. Coupled with rising network throughput and record AMM participation, the latest move appears to reflect growing, sustained bullish pressure.

Throughout the session, XRP traded within a $0.14 range, opening at $2.03 before surging to $2.17 during a massive 200.5M volume spike at 15:00 GMT—the highest print of the day. After clearing $2.10, the token pushed to new highs at $2.181 during the 02:12–02:13 window, supported by several multi-million unit trades. Late-session action settled into a consolidation band between $2.155 and $2.180, showing persistent accumulation rather than profit-taking.