XRP Surges Over 11% as Analysts Debate Its Next Move

XRP has broken past recent resistance levels, grabbing attention with an over 11% price rally that positions it back above the pivotal $2 mark, as market observers weigh in on its next directional move.

The digital asset’s sharp rebound comes amid heightened geopolitical uncertainty sparked by intensifying military activity involving the U.S. and Israel. Despite this macro-level unrest, XRP has shown remarkable strength, reclaiming critical ground just hours after dropping below psychologically significant levels.

Currently, XRP is trading confidently above $2.17, with momentum pushing it up against resistance levels. A firm support floor has emerged at $1.97, underpinned by rising trading volumes and institutional interest.

Geopolitical Pressure Meets Crypto Momentum

Global risk markets remain on edge due to simmering tensions involving Iran, Israel, and the United States. In the midst of this, XRP’s resilience stands out. Traders responded swiftly over the weekend to negative headlines, initially pushing XRP lower, only for it to reverse course and draw in significant buying activity.

• After dipping temporarily, XRP’s rebound accelerated with a break above $2.17, as buying volume spiked and held support at $1.97.
• Market activity suggests either strong belief in the asset’s short-term upside or accumulation by major holders.
• With a potential run toward $6 being floated by some optimistic analysts, others are cautioning of a potential 25% decline, which could send XRP back to $1.55.
• However, data reveals growing institutional participation — futures markets are seeing a surge in open interest and trade volumes, signaling confidence among larger entities.
• Currently, the $2.13 to $2.15 range is acting as a buffer zone, with market structure considered bullish as long as this support area is maintained.

Intraday Market Action and Volume Metrics

Over the last 24 hours, XRP’s price expanded from $1.967 to $2.173, creating a high-momentum stretch of over 10%. The most definitive breakout occurred around 22:00, when trading volume soared to 217 million — nearly triple the average — marking $2.06 as a pivotal short-term resistance.

This move was prefaced earlier in the day when buyers began entering the market at $1.97 during the 17:00 hour, fueling the rally with 130 million units traded. Following that surge, XRP has remained consistently above $2.13, where it continues to consolidate with signs of bullish defense at the $2.154–$2.156 range.

Most notably, the final hour of trading witnessed a 1.2% gain, even after fending off a small 1.7% pullback around 04:07, suggesting sustained buying interest as accumulation continues to outpace distribution.

Key Technical Highlights

• 24-hour range: $1.967 to $2.173, a 10.5% upswing
• Primary support zones: $1.97 and $2.154
• Resistance thresholds: $2.06 and $2.173
• Breakout confirmed by a 217M volume spike during the 22:00 hour
• Holding momentum above $2.13 with ongoing bullish consolidation

As the week progresses, XRP traders will be closely watching to see whether the current bullish pattern holds or begins to show signs of fading. While opinions remain divided on just how high XRP might fly — or how steep the next correction could be — all eyes remain on its ability to maintain its current support range and push toward a potential breakout higher.

Related: Expert Advice: Sell XRP If You’re Confused

Through the lens of technical indicators and on-chain data, XRP currently leans optimistically bullish, bolstered by active market participation and favorable sentiment among large stakeholders. Traders, however, should remain vigilant, aware of the risks tethered to global instability and rapid volatility that continues to shape today’s crypto landscape.