XRP (XRP) Price: Token Breaks $2.84 Resistance Level With 176M Volume Spike
The post XRP (XRP) Price: Token Breaks $2.84 Resistance Level With 176M Volume Spike appeared on BitcoinEthereumNews.com. TLDR XRP surged 6.04% to $2.93, breaking through key resistance at $2.84 Trading volume doubled to 176M during the breakout, confirming institutional buying Market cap increased by $30B, securing XRP’s position as the #3 cryptocurrency Technical analysis shows a breakout from a multi-year symmetrical triangle pattern Price targets of $3.40 short-term and potentially $16.17 long-term are being discussed XRP jumped from $2.77 to $2.93 between July 13 and July 14, marking a 6.04% gain. The cryptocurrency broke through the critical $2.84 resistance level that had been holding prices back. Trading volume tells the real story here. At 3:00 AM, volume spiked to 176 million XRP traded in a single hour. This was double the normal hourly average and confirms major buyers were entering the market. The price held above $2.91 throughout the final trading hour despite some profit-taking. This shows buyers were willing to defend the new price levels. XRP’s market cap now stands at $163.98 billion after adding $30 billion in value over the past week. The gains pushed XRP into the third spot among all cryptocurrencies by market value. XRP Price on CoinGecko Technical Breakout Signals The rally represents a breakout from a descending triangle pattern that had contained prices for multiple sessions. Crypto analyst Ali Martinez pointed to an even larger pattern dating back to 2018. This long-term symmetrical triangle breakout could theoretically target $16.17 according to traditional charting methods. While that target seems extremely optimistic, it shows the potential magnitude of the current move. When you zoom out on $XRP, it's hard not to go all in. A weekly close above $3 could set the stage for a rally to $6 or even higher! pic.twitter.com/h8fROcAC7t — Ali (@ali_charts) July 12, 2025 More conservative analysts are eyeing $3.40 as the next major resistance level. The immediate challenge…
The post XRP (XRP) Price: Token Breaks $2.84 Resistance Level With 176M Volume Spike appeared on BitcoinEthereumNews.com.
TLDR XRP surged 6.04% to $2.93, breaking through key resistance at $2.84 Trading volume doubled to 176M during the breakout, confirming institutional buying Market cap increased by $30B, securing XRP’s position as the #3 cryptocurrency Technical analysis shows a breakout from a multi-year symmetrical triangle pattern Price targets of $3.40 short-term and potentially $16.17 long-term are being discussed XRP jumped from $2.77 to $2.93 between July 13 and July 14, marking a 6.04% gain. The cryptocurrency broke through the critical $2.84 resistance level that had been holding prices back. Trading volume tells the real story here. At 3:00 AM, volume spiked to 176 million XRP traded in a single hour. This was double the normal hourly average and confirms major buyers were entering the market. The price held above $2.91 throughout the final trading hour despite some profit-taking. This shows buyers were willing to defend the new price levels. XRP’s market cap now stands at $163.98 billion after adding $30 billion in value over the past week. The gains pushed XRP into the third spot among all cryptocurrencies by market value. XRP Price on CoinGecko Technical Breakout Signals The rally represents a breakout from a descending triangle pattern that had contained prices for multiple sessions. Crypto analyst Ali Martinez pointed to an even larger pattern dating back to 2018. This long-term symmetrical triangle breakout could theoretically target $16.17 according to traditional charting methods. While that target seems extremely optimistic, it shows the potential magnitude of the current move. When you zoom out on $XRP, it's hard not to go all in. A weekly close above $3 could set the stage for a rally to $6 or even higher! pic.twitter.com/h8fROcAC7t — Ali (@ali_charts) July 12, 2025 More conservative analysts are eyeing $3.40 as the next major resistance level. The immediate challenge…
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