XRP broke through the $2.10 resistance level with a significant surge in volume, signaling a strong bullish trend. Network activity on the XRP Ledger has reached multi-year highs, driven by increased AMM engagement and regulatory clarity.
What to Know:
- XRP broke through the $2.10 resistance level with a significant surge in volume, signaling a strong bullish trend.
- Network activity on the XRP Ledger has reached multi-year highs, driven by increased AMM engagement and regulatory clarity.
- Technical indicators, like the Stochastic RSI, are showing bullish signals reminiscent of previous major XRP rallies.
XRP has broken through the $2.10 resistance level with impressive volume, indicating a potential shift in market dynamics. This breakout represents the strongest bullish movement for XRP in recent weeks, fueled by a combination of technical and on-chain factors. The surge suggests growing confidence among investors and developers in the future of XRP.
The increase in XRP Ledger network activity to multi-year highs, with over 40,000 Account Set operations, highlights growing utility and adoption. AMM-related positioning has accelerated, indicating a positive response to regulatory clarity and fostering further developer and liquidity growth within the XRP ecosystem. These on-chain metrics support the sustainability of the current rally.
Momentum indicators are aligning in a bullish manner not seen since previous major rallies. The weekly Stochastic RSI crossing upward from oversold territory mirrors patterns observed before XRP’s substantial breakouts in 2024 and 2025. This technical setup, combined with increasing network activity and AMM engagement, suggests a sustained period of bullish pressure.
The recent price action saw XRP trade within a $0.14 range, starting at $2.03 and peaking at $2.17. The breakout occurred with a substantial 200.5M volume burst, marking the day’s most significant activity. Subsequent trading formed a consolidation band between $2.155 and $2.180, indicating sustained accumulation rather than distribution.
In conclusion, XRP’s recent breakout above $2.10, supported by strong volume, increased network activity, and favorable technical indicators, paints a promising picture for investors. While the market remains subject to volatility and broader crypto trends influenced by Bitcoin and potential ETF developments, XRP’s current momentum suggests continued upward potential.
Related: XRP Price: $12M Max Pain for Bears
Source: Original article
Quick Summary
XRP broke through the $2.10 resistance level with a significant surge in volume, signaling a strong bullish trend. Network activity on the XRP Ledger has reached multi-year highs, driven by increased AMM engagement and regulatory clarity.
Source
Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.
Author
Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.
Editorial Note
Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.
