XRP’s Clean Technical Break Repositions Bulls for $2.80 Push

XRP climbed from $2.60 to $2.68, clearing the $2.63 barrier and establishing new support between $2.61-$2.63.

• XRP surged 3% to $2.68 during Sunday’s session, breaking above the critical resistance level at $2.63 on a dramatic volume spike — one of the largest of the month.
• The breakout aligns with growing institutional interest, backed by recent commentary from fund managers noting “hundreds of millions” flowing into XRP-exposure vehicles.
• The move also comes ahead of expected regulatory and ETF developments, which many analysts believe could accelerate demand.

• XRP climbed from $2.60 to $2.68, clearing the $2.63 barrier and establishing new support between $2.61-$2.63.
• Trading volume hit approximately 106.5 million units in a single breakout hour — a 147% increase above the prior 24-hour average.
• The token traded in a tight $0.08 range, illustrating disciplined accumulation rather than erratic speculation.
• Price action was characterized by higher lows that reinforced the breakout structure, and late-session consolidation near $2.67 suggested buyers were defending gains rather than exiting.

• The structure now defines a breakout above a multi-session resistance zone with strong volume confirmation, a textbook signal of institutional accumulation.
• Support at $2.61-$2.63 is newly anchored, while immediate resistance lies in the $2.70-$2.75 area.
• Volume patterns confirm the move: large spike at breakout, followed by lower volatility during consolidation, pointing toward absorption. Key momentum indicators (RSI, MACD) remain constructive on daily charts, aligning with broader breakout psychology.

• Traders are now watching two critical behaviours: First, whether XRP can hold the $2.63 support base; a re-test and hold would validate the breakout.
• Second, if volume remains elevated or picks up again, the breakout has higher-probability extension toward the $2.70-$2.75 zone.
• On-chain flows and institutional product commentary (e.g., remarks from Teucrium Trading executives about large inflows) support the accumulation narrative.
• On the risk side, a sustained close below $2.61 would undermine the breakout and could trap price back in its prior consolidation range.