HomeXRP NewsXRP Volume Explodes on Coinbase With $1B Weekly Spike

XRP Volume Explodes on Coinbase With $1B Weekly Spike

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XRP volume soared this past week on Coinbase, capturing significant market attention with an eye-catching $1 billion surge in trading activity. As traders increasingly shift focus from Bitcoin to altcoins, XRP stands out as a top contender amid the inflow of trading volume.

According to data observed over the last seven days, the XRP/USD trading pair recorded an astounding $1.06 billion in volume—a massive 3,445% uptick reflecting intensified market activity. This spike positions XRP among the most actively traded digital assets on the exchange during this volatile market period.

This sudden increase in trading activity suggests a strong resurgence of retail interest, particularly from U.S.-based investors. The timing of this spike coincides with a broader market rotation where investors have been pivoting away from Bitcoin, which recently hit fresh highs, and reallocating capital into alternative cryptocurrencies like XRP.

Market Dynamics and XRP Positioning

The overall crypto market experienced turbulence over the weekend, with many traders locking in profits from a strong preceding week. Bitcoin’s value saw a sharp dip from above $111,000 to roughly $108,600, a move that rippled across the broader landscape, affecting sentiment and prompting increased volatility. As a result, XRP, along with other altcoins, encountered pullbacks.

XRP traded as low as $2.284 amid the broader market correction. Despite the downturn, XRP’s price movement continues to consolidate within a clearly defined range between $2.00 and $2.65. This tight range suggests a balance between selling pressure and buying demand, pointing toward a potential decisive breakout in the near future.

CoinGlass data identifies this surge as not only one of the highest levels of trading activity seen in recent months but also as a strategic signal. Increased volume often foreshadows significant price moves, indicating that investors may be positioning themselves ahead of key developments in the Ripple ecosystem or broader macro conditions favoring altcoin momentum.

Technical Outlook and Price Patterns

The technical outlook for XRP shows potential brewing beneath the surface. The relative strength index (RSI) presently sits close to the 50-mark, suggesting a neutral state where the token could swing in either direction depending on upcoming market catalysts.

If XRP can break above the $2.65 resistance level and close beyond it, the asset may complete a bullish inverse head-and-shoulders pattern. This bullish signal could project a potential target as high as $3.70. On the flip side, if bears regain control and push the price under the $2.00 threshold, XRP could face further downside with successive support levels marked at $1.60 and $1.27 respectively.

Such a technical setup makes XRP a key asset to monitor as investors seek clues for the next major market move. These defined levels offer both opportunities and risks depending on your trading or investment strategy.

Sector Sentiment and Trading Psychology

With traders increasingly moving away from Bitcoin following its latest peak, the spotlight is now shining bright on high-volume altcoins. Historically, the post-Bitcoin rally phase has served as a fertile ground for altcoins to perform, and XRP appears ready to lead that charge should its technical signals hold true. The rapidly growing volume also underscores heightened optimism, or at least greater speculative interest, in Ripple’s utility and positioning in the evolving blockchain ecosystem.

This rotation phase into altcoins could serve as a catalyst for XRP’s next move, particularly if upcoming market news provides positive reinforcement to Ripple’s trajectory—whether through legal clarity, adoption spikes, or broader institutional engagement.

In conclusion, XRP’s rising trading volume on Coinbase not only signals renewed interest from investors but also serves as a potential precursor to bigger market movements. With both technical indicators and market sentiment aligning, the coming days may reveal whether XRP continues to gain momentum or enters another consolidation phase.

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

XRP USD Daily Chart - TradingView

For traders and enthusiasts closely watching Ripple, the latest surge in XRP volume is more than a statistical milestone—it’s an early signal in what could become a pivotal chapter in the coin’s near-term trajectory.

Quick Summary

XRP volume soared this past week on Coinbase, capturing significant market attention with an eye-catching $1 billion surge in trading activity. As traders increasingly shift focus from Bitcoin to altcoins, XRP stands out as a top contender amid the inflow of trading volume.

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.

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