$XRP (-2,56%) is showing renewed strength in the market, now trading around $2.35 after pushing up from the $2.16 zone in just 24 hours. This move represents an 8.5% daily gain, adding to an already strong week and confirming bullish momentum.
The breakout above the $2.20 psychological level has been decisive, supported by a clear spike in trading volume that signals strong buyer conviction. This momentum has also helped XRP reclaim its position as the 4th largest cryptocurrency by market cap, reflecting growing confidence from the market.
Behind the rally, XRP continues to benefit from increased institutional interest, solid technical structure following a bounce from key support, and broader market rotation favoring high-conviction assets. In the short term, price is now testing the $2.35–$2.40 resistance zone. A clean breakout could open the door to further upside, while a pause here may allow the market to consolidate before the next move.