XRP Price Surges Past $2.50 — Is This the Start of a Major Bull Run?

XRP just smashed through the $2.50 barrier—and the crypto world is buzzing. This isn’t just another pump; it’s a statement. Here’s why traders are scrambling.

Momentum Builds as Resistance Cracks

The breakout signals more than a price bump—it’s a psychological shift. After months of sideways action, XRP bulls finally have confirmation bias on their side. Even the skeptics are peeking over their spreadsheets.

What’s Next? Watch These Levels

With $2.50 now in the rearview, the path to $3 looks clearer. But let’s not pretend this is some altruistic market movement—whales love a good liquidity grab. Still, retail FOMO could fuel the fire.

Cynical Finance Bonus: Meanwhile, traditional bankers are still trying to figure out if XRP is a security, a currency, or an existential threat to their 3-martini lunches.

XRP Price Rallies Over 5%

XRP price started a fresh increase after it settled above the $2.40 level, like Bitcoin and Ethereum. The price was able to climb above the $2.450 resistance level.

The recent MOVE was positive and the bulls pushed the price above the $2.50 level. A high was formed at $2.5870 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.250 swing low to the $2.5870 high.

The price is now trading above $2.50 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.50 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance NEAR the $2.5880 level. The first major resistance is near the $2.60 level. A clear move above the $2.60 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6850 in the near term. The next major hurdle for the bulls might be near the $2.750 zone.

Another Decline?

If XRP fails to clear the $2.620 resistance zone, it could start another decline. Initial support on the downside is near the $2.50 level and the trend line zone. The next major support is near the $2.450 level.

If there is a downside break and a close below the $2.450 level, the price might continue to decline toward the $2.420 support or the 50% Fib retracement level of the upward move from the $2.250 swing low to the $2.5870 high. The next major support sits near the $2.40 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.50 and $2.450.

Major Resistance Levels – $2.60 and $2.620.