XRP Surges Past $2.20 Amid Triple Volume Spike

XRP made a notable bullish move this week, climbing above the crucial $2.20 resistance level, fueled by a sharp increase in trading activity and improved global sentiment. This breakout is being closely watched by traders and analysts alike, as it might mark a shift in market momentum for the Ripple-associated token.

The digital asset gained 1.56% in the final trading hour of June 25, a move accompanied by trading volume that was over three times higher than its 24-hour average. This surge in activity has raised optimism among XRP supporters, suggesting a renewed appetite for risk among crypto investors during a period of geopolitical calm.

Market Factors Supporting XRP’s Breakout

• The breakout took place in a surprisingly quiet global environment, following ceasefire agreements in volatile regions like Iran and Israel.
• After experiencing downward pressure due to market uncertainty, XRP rebounded from a low of $1.90, gaining more than 14% in just a few sessions.
• Technical indicators showed XRP breaking out from a descending wedge – a bullish pattern – and moving toward a new support zone between $2.22 and $2.23.
• The most significant burst in buying happened at 13:00 UTC on June 25, when trading volumes soared beyond 107 million XRP.
• This included two notable intraday surges: a 1.63% price jump on 7.8 million volume at 13:18 UTC and a massive 13-million-unit spike just 26 minutes later at 13:44 UTC, validating the breakout.
• The current price action places XRP within a 334-day-long symmetrical triangle formation, a pattern that typically precedes large directional moves. If the breakout sustains, analysts are suggesting targets as high as $5–$10 during Q3 2025.

XRP Price Movement and Volume Trends

In the past day, XRP moved narrowly between $2.19 and $2.23, with the majority of action coming during that high-volume hour from 13:00 to 14:00 UTC. The token finished the period near session highs, affirming the bullish breakout.

Despite large transactions, including a $58 million XRP transfer to Coinbase from a whale address, sellers have not gained much traction. The newly formed support at $2.22–$2.23 is holding strong, giving traders reason to believe that further upside may be possible if buying continues.

Technical Outlook and Pattern Development

The following key technical observations have been made:

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

• XRP has risen by 1.78% in the last 24 hours, moving from $2.19 to $2.23.
• Trading volume exploded around the 13:00 UTC mark, exceeding triple the daily average with over 107 million XRP traded.
• The breakout was reinforced by back-to-back volume spikes at 13:18 (1.63% rally) and 13:44 (13 million XRP traded).
• Price support is now clearly established between $2.22 and $2.23.
• The long-term symmetrical triangle pattern, now 334 days in play, is nearing its breakout apex, increasing the likelihood of a major price movement in the coming weeks.
• Key momentum indicators like the RSI and MACD are flashing bullish divergence, with $2.14 identified as prior resistance.

These developments have sparked fresh interest in XRP’s medium-term prospects. As long as the bullish volume sustains and the $2.22–$2.23 level remains resilient, the crypto community may soon witness another upward escalation, potentially into multi-dollar territory. Traders are keeping a close eye on follow-through buying in early July as a signal of whether this move is the beginning of a prolonged trend or a temporary spike.