XRP’s Volatility Explosion Coming
$XRP  is ready

As it tests the upper limit of a descending channel that has characterized its price action since January 2025, XRP is poised for a significant move. Just below the $2.40 resistance, a crucial level that, if broken, could lead to a volatility breakout, the asset is currently trading at about $2.37, up 2.12% for the day.

With declining volume suggesting that a breakout — or breakdown — is imminent, the chart clearly shows that XRP is compressing toward the tip of a wedge following months of lower highs and lower lows. The fact that XRP has surpassed all three major moving averages, the 50, 100 and 200 EMA, and that they are now converging around the $2.20 region, is encouraging for bulls.

This confluence serves as a dynamic floor of support. Because the asset is not yet overbought, the RSI remains neutral at 55, providing it with room to rise sharply. The volume is still low, but given how swiftly XRP moves when sentiment changes, any increase in buying interest around $2.40 could spark a quick rally to the $2.80-$3.00 region.

Technically speaking, XRP is acting in a positive way. It made a clean recovery from the April bottom of the wedge and is now marking higher lows, which suggests that buyers are intervening more forcefully. The consolidation that is occurring close to the top of the descending channel is an indication of increasing pressure, not weakness.

Strong volume and a clean breakout above $2.40 would validate the trend reversal and probably signal the start of a period of increased volatility and quick gains. On the other hand, if the 200 EMA is not held above $2.20, it may retest around $1.98.
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