Ripple XRP Volume Explodes 56% Daily—$3 Price Target Now in Play for Bulls
XRP just flashed its biggest liquidity surge in months—and traders are betting this is the launchpad for a historic rally.
Daily trading volume rockets 56% as Ripple's legal clouds part
The sudden spike puts XRP within striking distance of its next psychological barrier. Market chatter now centers on whether the token can shatter its $3 all-time high—a move that would require nearly 5x gains from current levels.
Analysts point to three factors fueling the frenzy: Clearing regulatory uncertainty (finally), renewed institutional interest, and that classic crypto FOMO when charts start printing green candles. Of course, Wall Street won't care until after the 10x move happens—then they'll call it a 'fundamental breakthrough.'
Ripple Bulls Pushing XRP Above $3
The options contract highlights that traders are optimistic it could see a rally and climb above the $3 mark. A week ago, the daily trading volume of Ripple’s XRP stood at $2.7 billion. On Thursday, the same reached a high of $4.2 billion, igniting a spike of 56% in the daily trading volume. The leading altcoin has spiked nearly 5% on Thursday and is attracting heavy buying pressure from retail and institutional investors.
Its daily trading volume has soared by nearly 56% as traders took an entry position after the latest banking developments. The increase reflected on its value as Ripple’s XRP touched a high of $2.3 during the day’s trading session. The 24-hour, 7-day, 30-day, and 1-year charts have all turned green with the buying spree. The altcoin could kick-start a rally and continue the momentum till $2.80 and $3.
While a price target of $3 seems feasible due to the increase in call strikes, $4 looks overoptimistic. We will have to wait and watch how high XRP could surge this month due to the bullish sentiments.