XRP Firms Above Support as Traders Await Clear Breakout Signal
October 29, 2025 — XRP traded slightly higher on Tuesday amid a surge in trading activity, though technical signals suggest the asset may be entering a brief consolidation phase before its next decisive move.
Market Overview
The token gained 0.6% to $2.623, with daily volumes rising about 47% above the seven-day average. The uptick points to growing institutional participation, even as the broader market awaits a stronger directional catalyst.
Despite the advance, XRP remains capped below the $2.68 resistance level, where earlier attempts to break higher were rejected. Analysts note that while the overall structure retains a bullish tone, momentum appears to be flattening.
Price Dynamics
During the session, XRP traded within a narrow $0.11 range between roughly $2.62 and $2.64.
A spike in volume to around 167.3 million tokens — nearly 140% higher than the 24-hour average — accompanied a failed breakout near $2.68.
The $2.60 psychological level held firm through multiple retests, reflecting accumulation from buyers rather than aggressive breakout behavior.
Technical Picture
The rejection at $2.68 confirms strong overhead resistance, while the support zone at $2.60–$2.63 continues to hold.
Momentum tools, including the TD Sequential, have flashed caution signals, hinting that the recent rally may need to consolidate before resuming higher.
The current range between $2.60 and $2.67 suggests price compression — often a precursor to a larger move — but also signals the market may pause in the short term.
Although rising volume validates renewed interest, the absence of a decisive breakout keeps XRP in setup mode rather than in confirmed bullish continuation.
Trading Outlook
Market participants should watch whether XRP sustains its footing above the $2.60–$2.63 band.
A daily close above $2.65 supported by renewed volume could strengthen the bullish bias and open upside targets at $2.70–$2.90.
On the downside, a breakdown below $2.60 may invite a retest of $2.55 or lower.
Traders are also monitoring the upcoming ETF decision window and institutional inflow patterns as potential catalysts for renewed volatility.
