A decisive move above key resistance backed by strong volume hints at renewed bullish strength as XRP eyes the $2.80 zone
XRP has shown a strong technical rebound, rising 3% to $2.68 during Sunday’s session and breaking above the crucial $2.63 resistance level. The move came alongside one of the largest volume surges of the month, signaling increased trader confidence and the potential beginning of a broader bullish phase.
As of the latest data, XRP/USDT trades around $2.63, consolidating just above a previously contested price level that acted as resistance throughout the past several weeks. This clean breakout, supported by expanding volume, marks a technical shift in market structure, with bulls seemingly regaining momentum after a period of prolonged sideways consolidation.
The chart structure indicates that XRP has successfully held above its green support zone between $2.20 and $2.40, a region that served as a base during earlier corrections. Now, attention turns to the next resistance cluster near $2.80–$3.00, highlighted as a pivotal target zone where past rallies have faced rejection.
“The break above $2.63 is technically significant because it represents a higher high within the mid-term structure,” one of BITX market strategist explained. “If XRP maintains this level into the weekly close, it opens a clear path toward the $2.80 region, where momentum traders could step in again.”
According to BITX technical analysts that rising volume during breakout phases often confirms genuine accumulation rather than short-term speculation. “XRP’s volume behavior suggests institutional participation is growing. This kind of confirmation is what sustains continuation patterns,” the analyst said.
With XRP now holding above the $2.60 breakout level, traders are closely monitoring whether buyers can sustain pressure and push toward the $2.80 resistance zone in the coming sessions. The overall trend remains constructive as long as price stays above the $2.40 support floor, reinforcing the notion that the recent technical break could mark the start of a renewed bullish cycle for the asset.
If momentum persists, XRP may soon retest its September highs, signaling that bulls are firmly back in control.
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.