With what is likely the second-largest breakout of 2025, XRP has just caused a market-wide uptick in bullish sentiment. For weeks, the asset consolidated in a persistent sideways channel before decisively breaking through the $2.50 resistance zone. As of press time, XRP is trading at about $2.185 — up almost 15% in a few sessions.
This quick action is a definite indication that buyers are ready to regain control of the long-term trend in addition to validating the steadily increasing pressure that was evident in June and the first part of July.
Technically speaking, the chart of XRP is currently a prime illustration of an ascending continuation pattern turning into a significant breakout. The token initially gained traction above its 50, 100 and 200-day moving averages. Volume surged to multi-month highs as soon as it broke through the $2.50 resistance cluster. Comparable price movement for XRP was last observed in early May, when it experienced a strong rally to retest the $3 region before ultimately being rejected.
The reason the current move is so significant is because of that earlier rejection, which shows that bulls were prepared to absorb overhead supply and build up below resistance for weeks. The way to $3 appears much more obvious now that this ceiling has been broken.
card
Although there may be some retracement or consolidation close to the current levels; particularly given that the RSI is moving toward overbought territory at 73, the breakout above $2.50 essentially changes the market structure into a bullish regime.
This type of dramatic shift in the market can draw in new funding and motivate investors who have been sidelined to return to the market. A retest — and possible breach — of the $3 psychological barrier is much more likely if XRP maintains momentum above $2.70 and is able to turn $2.50 into strong support on any pullbacks.
In the upcoming days, everyone should be watching volume and volatility. With robust participation, XRP may be poised for its most aggressive rally of the year, bringing about the long-awaited move toward $3 and higher.
