XRP Primed for Explosive Rally: $2.62 Breakout In Sight as Bullish Momentum Accelerates

XRP bulls are charging—the sleeping giant awakens as technicals scream breakout potential.

Target locked: $2.62

The chart doesn't lie: a textbook bullish flag formation suggests this isn't just another dead-cat bounce. Liquidity pools above $2 are getting hunted, and institutional wallets are quietly accumulating—because nothing screams 'trust the process' like hedge funds front-running retail yet again.

Volatility incoming. Buckle up.

Bulls Reclaim Momentum with $2.50 Break

The current rally began once XRP successfully cleared the $2.40 barrier and moved past $2.45 with confidence. This uptrend was reinforced as the price held steady above the 100-hour simple moving average (SMA), which often serves as a critical indicator for trend direction. According to recent chart analysis, a bullish trend line is now forming, providing further support NEAR the $2.50 level and reinforcing the notion that this zone is a crucial battleground between buyers and sellers.

This technical structure has attracted attention from both retail and institutional traders, many of whom view XRP’s price behavior as a sign of underlying strength. The formation of higher lows and consistent closes above moving averages suggest the current upward trend could extend if buyers continue to step in during minor dips.

What Lies Ahead: Resistance at $2.62 and Beyond

While XRP has broken through the initial resistance at $2.50, the next major hurdle lies around the $2.60 mark. If this level is breached, analysts believe a move toward $2.62 and potentially $2.65 could follow. Some projections even suggest the asset could approach $2.75 in the near term, provided that broader market conditions remain favorable.

The recent high at $2.5870 is now in focus, as a break above this level could unlock further gains. With volume steadily increasing and momentum indicators such as the MACD turning positive, the path to higher resistance zones seems within reach.

The Relative Strength Index (RSI), an important gauge of price momentum, is also trending above the 50 level, reinforcing the bullish outlook. While it’s not yet in overbought territory, the RSI’s upward movement indicates a healthy demand profile for XRP.

Short-Term Pullback Still Possible

Despite the bullish tone, traders should remain cautious of potential short-term pullbacks. If XRP fails to convincingly clear the $2.62 resistance, a corrective dip may occur. The first key support remains at the $2.50 level, which aligns with the ascending trendline on the hourly chart.

A move below $2.50 could push the price toward $2.45. Any sustained breakdown below $2.45 might lead to further losses, potentially dragging the token back to $2.42 or even $2.40, depending on selling pressure and broader market sentiment.

Technical analysts are closely monitoring the 50% Fibonacci retracement level of the recent rally from $2.25 to $2.5870, which sits near $2.42. A strong defense of this level could offer a solid base for another rally attempt.

Market Sentiment and Broader Context

XRP’s recent performance reflects a broader shift in sentiment across the altcoin sector. As Bitcoin stabilizes above $110,000 and ethereum pushes closer to $3,100, confidence in high-cap altcoins like XRP has also strengthened. XRP in particular has benefited from positive legal developments, increased adoption of Ripple’s payment infrastructure, and the growing belief that the token remains undervalued compared to its long-term potential.

Another contributing factor is the ongoing accumulation by long-term holders. On-chain data shows that wallets with larger XRP balances have steadily increased their holdings over the past few weeks, further reinforcing confidence in the asset’s future prospects.

This accumulation trend, combined with rising trading volume and improving technical patterns, suggests that XRP could continue its upward trajectory, barring any major market disruptions.

Conclusion

XRP is gaining momentum once again, breaking through critical levels and attracting attention from both short-term traders and long-term investors. With the $2.50 support holding firm and resistance around $2.60 within reach, the asset appears poised for further gains.

However, caution is warranted. As with any volatile asset, short-term pullbacks remain possible, especially if resistance levels prove stubborn or broader market sentiment shifts. Still, the current setup offers a promising outlook for XRP, and traders will be watching closely to see if the bullish wave continues toward the $2.75 mark.

If market conditions remain steady and XRP maintains its current trajectory, it could become one of the top performers in the large-cap altcoin space over the coming weeks. Traders and investors alike WOULD do well to monitor the $2.50 and $2.62 levels as key indicators of what’s next for this resilient digital asset.