XRP Surges Over 5%, Eyes Breakout Toward $3 Level

XRP is among today’s top-performing cryptocurrencies, posting a notable 5.05% gain according to CoinMarketCap. At the time of writing, XRP is trading at $2.5340, showing bullish momentum as it approaches the key resistance level of $2.5650 on the hourly chart. If buyers manage to sustain their current momentum, XRP may climb to the $2.60 area in the short term.

On the daily time frame, market watchers are closely monitoring the $2.6461 level. A daily candle close near this point could signal sufficient buying pressure for a breakout, potentially driving XRP toward the $2.80 to $3.00 range before the week ends. This short-term bullish scenario hinges on whether the token can maintain upward momentum and close near or above these critical levels.

Although it’s too early to predict long-term trends, the weekly chart offers a key threshold. A close around $2.59 could pave the way for a test of the psychologically significant $3 mark in the coming sessions. Continued accumulation and reduced selling pressure may support this midterm target.

XRP's rally comes amid renewed interest in the crypto market, as traders anticipate larger price moves from major altcoins. With XRP gaining traction and approaching resistance zones, technical indicators suggest heightened volatility could be ahead. Traders are advised to watch volume and price action near these key levels for confirmation of a sustained breakout or potential rejection.

As bullish sentiment grows, XRP is positioning itself as a standout performer, with momentum building toward a possible retest of multi-month highs. Keep an eye on the charts as the battle between bulls and bears continues to shape XRP's next major move.