Usman Salis
The XRP price is gaining serious traction on Binance as bullish traders anticipate a major breakout. After a strong multi-day rally, XRP is now pushing against key resistance levels. If current momentum holds, the digital asset could soon challenge the $3 threshold.
XRP Price Nears $2.40 Amid Surge in Buying Volume
As of the latest trading session, XRP/USDT is trading at $2.3886, slightly down 0.28%, with a high of $2.3961 and low of $2.3852 on the 30-minute chart. The recent uptick was accompanied by a spike in volume, with over 4.87 million XRP traded — a sign of increasing market participation and buying pressure.
The XRP price has been steadily rising from the $2.20 zone, forming higher lows and higher highs. This bullish structure, combined with growing volume, suggests strong momentum as traders look toward the $3 level as the next major resistance.
Is a Breakout Above $3 Imminent?
The XRP chart reveals a sharp acceleration in price during the last few hours, with volume peaking around $2.38–$2.40. Technical indicators and the aggressive bullish candles point to a breakout attempt, which could happen in the next 6–8 hours, as noted by some analysts.
If XRP price breaks above $2.40 convincingly, the next psychological milestone of $3.00 could be reached rapidly. However, traders should also watch for short-term resistance or false breakouts at these key levels.
Usman Salis
