Saad Ullah
XRP (Ripple) breaks through key resistance at $3.28 with massive institutional volume after Ripple officially ends its legal battle with the SEC, sparking analyst predictions of $6-$8 targets.
XRP just exploded through critical resistance at $3.28 with trading volume nearly triple the normal amount – 217.4 million at 13:00. The token jumped 3.10% from $3.24 to $3.33 in 24 hours, driven by clear institutional buying pressure that kept volumes above 117 million for consecutive hours.
This wasn't retail money. The breakout volume screamed "big money accumulation," especially after Ripple and the SEC officially withdrew all appeals, ending years of legal uncertainty.
XRP Technical Analysis Shows Strong Momentum
XRP carved out a tight $3.20-$3.34 trading range with 4.20% volatility. The $3.20-$3.22 support zone held firm through multiple tests, while profit-taking emerged near $3.34 highs.
The token now sits at $3.33 support with immediate upside targets at $3.35-$3.36. Multiple overnight sessions posting extreme volume above the 81.7 million baseline confirms institutional positioning for bigger moves.
XRP (Ripple) Price Prediction: Why $6-$8 Targets Make Sense
Analysts are comparing this moment to XRP's 2017 breakout when the token surged from under $0.20 to $3.84 – over 1,800% gains. With regulatory clarity finally achieved, the $6-$8 price predictions aren't just hype.
XRP's utility as a bridge currency for cross-border payments becomes significantly more attractive without SEC overhang. Institutional flows are driving visible liquidity absorption at key levels, suggesting smart money is positioning for much larger moves.
The key question: Can $3.33 support hold to enable a push toward $3.40? With the SEC chapter closed and institutions clearly accumulating, this rally could surprise even the bulls. The $8 target might sound ambitious, but regulatory certainty changes everything for XRP.
Saad Ullah
