XRP has recently broken through the $2.70 resistance level — a major milestone it hasn’t reached in years. This breakout is backed by a sharp rise in trading volume, signalling strong momentum from both retail and institutional investors. With $3.00 now within reach, all eyes are on the next psychological resistance.
Technical indicators support the bullish case, including a breakout from a descending wedge pattern and a golden cross on the daily chart — both strong signals of continued upward movement. Additionally, Ripple’s launch of an Ethereum-compatible sidechain on the XRP Ledger has enhanced the network’s functionality, opening doors for more developers and broader adoption.
Given these positive catalysts, XRP seems poised for further growth. Still, as with any investment, staying informed and aware of the risks is essential.
