The token outperformed the broader crypto market as bullish momentum returned to key support levels.
XRP gained over 5% in the last 24 hours following optimism around the RLUSD pilot, lifting the token to around $2.30 and signaling renewed market confidence. The move marked XRP’s strongest daily gain in a week, with traders now closely watching the $2.50 resistance zone as a potential breakout target.
The recovery came as part of a broader rebound from the $2.25–$2.30 support area, which has historically served as a high-volume accumulation zone. Technical charts show that XRP remains within a bullish structure, bouncing cleanly from its green demand region after briefly testing lower levels.
“XRP’s resilience at the $2.30 handle is a strong technical signal,” said one BitXJournal market analyst. “As long as it maintains daily closes above $2.25, the momentum favors buyers targeting $2.50 and beyond.”
Trading volume rose moderately during the European session, confirming buying interest despite weakness in other large-cap altcoins. The move also reflects a shift in sentiment following renewed confidence in Ripple’s ecosystem development, including the RLUSD pilot that could strengthen real-world liquidity use cases.
Resistance and Next Key Levels
On the chart, XRP faces overhead resistance between $2.50 and $2.80, a zone that previously capped rallies in August and early October. A confirmed breakout above $2.50 could open a path toward $2.75–$2.90, while failure to hold above $2.25 might invite a retest of the $2.10 support region.
The Relative Strength Index (RSI) remains near midline levels, leaving room for further upside without signaling overbought conditions. Meanwhile, moving averages continue to flatten, indicating the potential start of a fresh medium-term trend if momentum persists.
Overall, XRP’s 5% rally highlights renewed bullish interest following a week of consolidation. Traders are now watching whether sustained volume can drive the token past the $2.50 threshold, a move that could reinforce confidence in the broader uptrend.
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.