Saad Ullah
The crypto market witnessed XRP's dramatic awakening as the digital asset shattered weeks of sideways trading with a powerful 18.38% breakout move. After consolidating around the critical $3.23 level for an extended period, bulls finally took control and launched XRP into a sharp upward trajectory that has traders buzzing with anticipation for what comes next.
From Stagnation to Spectacular Rally
Recent market analysis reveals that XRP had been stuck in neutral gear, grinding sideways near the $3.230 mark for weeks before everything changed in a matter of hours. The breakout was nothing short of spectacular – prices initially dipped to test $3.0031 before bulls stepped in with authority, driving the token all the way up to $3.6561 in a display of raw buying power.
What makes this move particularly impressive is how XRP handled the inevitable pullback. Instead of collapsing back to previous lows, the price found solid footing and mounted another charge, ultimately delivering that eye-catching 18.38% gain that has reclaimed the crucial $3.25+ territory. This type of resilient price action typically signals that serious money is flowing into the asset.
Bulls Eye $3.65 Target as Momentum Builds
With XRP currently trading around $3.2541, all eyes are now focused on whether this momentum can carry the token back to its recent $3.65 peak. The technical setup looks promising – if buyers can defend the current support levels and maintain this bullish energy, another assault on $3.65 seems inevitable.
Breaking above $3.65 would be huge for XRP, potentially opening the door to that psychological $4.00 level that traders love to target. However, crypto markets are notoriously fickle, and a failure to hold above $3.23 could quickly turn this rally into a memory, triggering profit-taking and a swift return to lower levels.
Saad Ullah
