XRP Price Now: Ripple Surges 8% as Bullish RSI Cross Trigger Fresh Rally
Summary
XRP experienced an explosive 8% surge, breaking the crucial $2.10 resistance level on significantly increased volume, marking its strongest breakout in weeks. This rally was supported by technical alignment, including the confirmation of a multi-day ascending triangle structure and a bullish upward cross in the weekly Stochastic RSI, a pattern seen before major historical rallies. Furthermore, on-chain metrics showed surging network activity, with over 40,000 Account Set operations reaching multi-year highs, alongside increased institutional accumulation and AMM engagement. Key resistance is now set at $2.17–$2.18, with the structural support zone remaining at $2.00–$1.98; sustained high volume suggests real accumulation and continuation potential.
(Source:CoinDesk)