XRP is gaining massive momentum as traders pile into long positions, with the $3 mark firmly in sight. Today’s price action and technical signals are setting the stage for a potential explosive move.
🔥 Trading Volume & Market Action
Current XRP Price: $2.28 (up ~4.11% today)
24-Hour Volume: Around $2.91 billion
Traders are aggressively buying call options with a $3 strike, signaling strong confidence in further gains. Over 2 million contracts traded in the past 24 hours, highlighting speculative bullish sentiment.
A confirmed falling wedge breakout on the XRP/BTC chart is strengthening bullish hopes.
Current XRP/BTC Rate: 0.0000082 BTC
If the breakout holds, the pair could rise toward 0.0000105 BTC, adding upward pressure on XRP’s USD price.
🎯 Key Price Levels
Resistance Levels: $2.30, $2.70, $3.00
Support Zones: $2.15 and $2.03
Short-Term Target: A clean breakout above $2.30 could trigger a rally to the $2.90–$3.00 zone.
🧠 Sentiment & Market Drivers
Traders are optimistic due to Ripple’s potential banking license and growing talks of a spot XRP ETF.
On-chain data also shows increased whale accumulation and active wallet growth.
Technical indicators like RSI and MACD remain neutral, giving room for further upside.
Conclusion:
With XRP trading at $2.28 and breaking out of a bullish wedge on its BTC pair, market signals align for a potential run toward the $3 mark. Watch for sustained volume and resistance flips at $2.30 to confirm the rally's strength.