*XRP** has delivered a textbook-perfect breakout, hitting **$2.84** as forecasted before dipping to **$2.70** and swiftly rebounding. Buyers aggressively stepped in, pushing the price back above **$2.85**, confirming a strong retest of ascending support—a classic bullish signal in technical analysis.
## **Korea Leads XRP Trading Volume Surge**
The **XRP/KRW** pair on **Upbit (South Korea’s largest exchange)** has recorded **$646 million in trading volume**, making up **32% of XRP’s global trading activity**. With total **XRP volume hitting $2.01 billion**, the Korean market is driving significant momentum. This isn’t just a random pump—it’s a **regional buying wave backed by strong technicals and growing adoption**.
### **Key Factors Fueling XRP’s Rally**
1. **On-Chain Data Shows Bullish Rotation**
- The **average age of XRP holdings has dropped by 13% in 30 days**, indicating that long-term holders are moving coins—a sign of growing confidence in an upcoming price surge.
2. **Ripple Locks 700M XRP in Escrow**
- Ripple’s latest **escrow lockup reduces circulating supply**, tightening availability just as demand rises—a perfect setup for a bullish breakout.
3. **Dubai & UAE Adoption Expands**
- **XRP is the only fully regulated crypto in the UAE**, with taxis now accepting crypto payments. Real-world utility + regulatory clarity = strong fundamentals.
4. **SEC Case Speculation Heats Up**
- With the **Ripple vs. SEC lawsuit nearing a conclusion**, traders are positioning for a potential resolution that could trigger a massive rally.
## **What’s Next for XRP?**
The **ascending support retest at $2.84** has held strong, and with **rising volume, bullish on-chain signals, and global adoption**, XRP is primed for a major breakout. If momentum continues, we could see **$3.50+ in the coming days**.
### **Today’s XRP Data (Latest Update)**
- **Price:** **$2.87** (+5.2% in 24H)
- **24H Volume:** **$2.01B** (Korea dominates 32%)
- **Key Support:** **$2.70** (Strong buy zone)
- **Next Resistance:** **$3.00**, then **$3.50**
**Conclusion:** XRP’s chart, volume, and fundamentals are all aligned—**this isn’t just hype, it’s a technical and fundamental breakout in motion.**
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