$XRP Explosive Comeback:
XRP has shocked the crypto markets with a massive 191% surge in trading volume — making it one of the biggest comebacks of the year.
The price rallied to $3.60, breaking out of months-long consolidation between $2.30 – $2.80.
After facing resistance, XRP pulled back to the 26 EMA near $3.03, where buyers quickly re-entered. The price bounced back above $3.30, signaling strong bullish momentum.
📊 Technical Outlook: Bullish Momentum Building
Both the 50 EMA and 200 EMA are sloping upward and remain well below the current price — confirming a healthy uptrend.
The RSI has cooled off from overbought levels but remains above 50, suggesting room for further upside.
Derivatives data shows rising activity and growing interest — further supporting the bullish narrative.
💰 Institutional Money Is Flowing In:
1. +194.24% jump in trading volume — now at $18.16B.
2. +20.41% increase in open interest — totaling $8.79B.
3. +1,355% surge in options volume — highlighting massive bets on future volatility.
🐋 Whales Are Betting Big:
On Binance, top traders are leaning heavily long:
2.47x more long accounts than shorts.
2.75x more long positions — a clear sign of confidence in further gains.
📌 Key Price Levels to Watch:
Support Zone: Holding above $3.00 (ideally $3.20) is key to sustaining momentum.
Upside Targets: If momentum continues, XRP could test $4.50, with potential to reach $5.00.
Risk Area: A drop below $2.90 would weaken the bullish setup and raise reversal risks.
💬 Final Thoughts:
XRP is gaining traction fast — powered by rising volume, whale accumulation, and a solid technical setup. But the next big milestone is breaking the psychological $4.00 barrier. That move could ignite the next leg up.
📉 Stay informed. Stay prepared.
🔔 Follow “It’s Crypto Updates” for real-time analysis and insight.