Technical Breakout and Strong Volume Fuel Bullish Outlook
XRP has staged an explosive rally, breaking through a critical resistance level at $3.27 following renewed market confidence after Ripple’s favorable legal outcome against the U.S. Securities and Exchange Commission. The breakout was accompanied by a sharp 217.4 million trading volume spike at 13:00 — nearly triple the 24-hour average — marking one of the most aggressive upward moves for the asset this year.
Price action on the XRP/USDT 4-hour chart shows a clear departure from the prolonged descending channel that dominated earlier months. The move above $3.27 triggered sustained overnight accumulation, with volumes consistently above 117 million per hour, suggesting strong institutional and retail interest.
Market analysts highlight that this surge is not just a reaction to legal news but also a reflection of improving technical structure.According to BITX , “The clean break above resistance with heavy volume is a textbook bullish signal. If XRP holds above $3.20–$3.27, the pathway toward the $4.00 region becomes more viable in the short term.”
The chart indicates multiple support zones, with the $3.00–$3.05 area acting as a key near-term floor, and a deeper $2.65 demand zone providing structural backing for the broader uptrend. On the upside, the $3.60–$3.65 band forms the immediate resistance to watch, beyond which momentum could target the psychological $5.00 mark before any attempt toward $8.00.
However, technical experts also warn of potential volatility. “After such a steep rise, some profit-taking is inevitable. Traders should watch for pullbacks toward $3.05 as potential re-entry points rather than chasing extended moves,” According to BITX analyst.
The combination of breakout momentum, heightened volume, and solid support levels paints a constructive picture for XRP in the coming weeks. With legal uncertainty partially resolved and market sentiment shifting bullish, the asset’s next decisive move could set the tone for the remainder of the year.
For now, holding above $3.27 remains the pivotal signal for bulls aiming to push XRP toward its higher long-term targets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.