Recently, XRP has been in the spotlight with its price rising by more than 5% to $2.46, over the past 24 hours. Notably, the price of XRP has taken a major hit. From a low of $0.7726, the coin has reached $2.86, just below the $3 resistance level. The coin has been in a consolidation phase over the past few weeks and looks poised for a major breakout.