Is a Bullish Reversal on the Horizon?

If XRP breaks through the US$2.50 barrier, the next resistance levels lie near US$2.75 and US$3.00. Beyond US$3.00, XRP faces a long-term resistance around $3.40, its all-time high. A sustained move past US$2.50 could attract breakout traders and institutional entries, triggering a bullish cascade effect.
Volume remains the key. A breakout without volume confirmation could result in a fakeout and trigger a quick sell-off. In that case, XRP might revisit support levels at US$2.20 or even drop to US$2.10 before another attempt.
However, the convergence of technical signals, institutional interest, strong on-chain data, and improving sentiment increases the probability of a breakout. Investors must watch the volume dynamics closely around the $2.50 mark. If volume spikes and price sustains above this threshold, XRP could transition into a new bullish phase.