Peter Smith
XRP just delivered a surprise—a sharp 1.5% jump to $2.4493 within a single 15-minute candle that got the crypto community talking. On Bybit, trading volume spiked past 95 million USDT in 24 hours as the rally unfolded.
What the Chart Shows
Trader @okioki0909 captured the mood perfectly: "I bought it, and now it's rising! That's strong… or am I doomed tomorrow? "
The joke aside, the chart shows real technical strength. XRP has just tested a local resistance at $2.4493, signaling that bulls might be taking control.
The 15-minute XRP/USDT chart tells a straightforward story. The coin found solid support at $2.3777, where buyers jumped in aggressively and created a higher low. From there, price action pushed up to test $2.4493 twice—forming a near-term ceiling. A clean break above this level could quickly send XRP toward $2.47–$2.50. The string of green candles with expanding volume suggests sentiment has flipped bullish after a period of sideways movement. The candlestick pattern forms a mini ascending channel, indicating traders are buying dips rather than selling rallies.
Three factors likely combined to fuel this rally. First, it's a technical rebound—after dipping early in the day, XRP's bounce from $2.37 triggered momentum-based buying, including from algorithms. Second, Bitcoin's stability above $109,000 has lifted confidence across altcoins, giving XRP room to run. Third, improved sentiment around XRPL utility updates and ecosystem development has strengthened the outlook, especially among retail traders.
Key Levels Ahead
Immediate resistance sits at $2.4493. A strong-volume break above this confirms a bullish continuation. The next target is $2.50, a psychological barrier where profit-taking typically happens. On the downside, support at $2.38 is critical—holding it keeps the short-term uptrend intact, while losing it could pull XRP back toward $2.35.
Right now, the setup favors bulls. But as that trader joked, XRP's momentum can flip fast if buying pressure fades.
XRP's rally above $2.44 has injected fresh energy into the market. The move reflects both technical recovery and renewed trader confidence after days of range-bound action.
The question now is whether XRP can push decisively past $2.45 and turn this spike into a sustained trend. If it does, $2.50 is the next logical target where short-term traders will likely cash out.
Peter Smith
