After a period of accumulation around the $3.00 mark, XRP has just surged strongly, breaking through the resistance zone of $3.35 and reaching a short-term peak at $3.66 – equivalent to an increase of over 15% in just a few hours of trading. This impressive upward momentum helps XRP temporarily outperform the two leading market assets, Bitcoin and Ethereum. Below is a detailed look at the price structure, key support-resistance zones, and scenarios to note.

Overall Technical Picture

Trend Structure: Why Does the Breakout Occur?

  1. Break out of the supply zone $3.22–$3.35:

    This is the price box that has held XRP down all week. Closing a 1-hour candle above $3.35 triggers a series of pending buy orders (breakout orders) and ignites short-covering from sellers.

  2. Liquidity is abundant on the Kraken exchange:

    Order book data shows a surge in buying volume concentrated around $3.30–$3.35, helping the price quickly rise to around $3.60.

  3. Market sentiment improves:

    In the context of Bitcoin stagnating below $82,000, short-term capital flows into mid-cap altcoins like XRP, boosting the broad upward trend.

Important Price Levels

Price Scenario in the Next 24–48 Hours

Reference Strategy

Buy when pulling back to $3.45–$3.50

  • Take profit: $3.66 → $3.75

  • Stop loss: Close 1-hour candle below $3.35

Breakout trader:

  • Buy when the 1-hour candle closes above $3.66

  • Take partial profits: $3.75 and $3.80

  • Stop loss: Drop back below $3.60

Short-term scalping (5–15 minutes):

  • Flexibly buy-sell within the range of $3.45 ↔ $3.62 until the range is completely broken.

Important note: Cryptocurrency trading always carries high risks. Carefully consider your risk appetite, use reasonable leverage, and set mandatory stop losses for all positions.

Fundamental Perspective & Factors to Monitor

  • Ripple Labs news: Any updates on banking partnerships or progress in the SEC lawsuit (if any) could amplify price volatility.

  • Bitcoin & Ethereum ETF inflows: As inflows into ETFs slow down, investors tend to seek higher yields in altcoins.

  • Macro market sentiment: U.S. CPI data and the Fed's interest rate decision next week could indirectly impact overall risk appetite, leading to strong fluctuations across the entire crypto market.

Conclusion

XRP is maintaining a solid short-term upward structure after breaking above $3.35. As long as the price stays above $3.45, the scenario of extending to $3.75 → $3.80 remains dominant. Conversely, breaking below $3.35 will trigger a deeper correction zone at $3.22. Investors should closely monitor price reactions at the mentioned thresholds and manage risks tightly in the context of increased volatility before important macroeconomic events.