XRP Bulls Charge Toward $2.60 as Recovery Gains Momentum
XRP has demonstrated remarkable strength in recent trading sessions, surging past the crucial $2.50 level with conviction. This impressive rally comes after the digital asset established solid support above $2.25, indicating a significant shift in market sentiment toward the bullish side. The current upward movement aligns with broader positive trends across the cryptocurrency market, where major digital assets are experiencing substantial gains. Technical analysis reveals that XRP is now approaching a critical juncture at the $2.60 resistance level, which represents the next major test for the ongoing bull run. Market observers are closely watching this level, as a successful breach could open the door for further substantial gains. On hourly charts, analysts have identified a bearish trend line forming near the $2.66 mark, creating an additional technical barrier that bulls must overcome. A decisive break above this trend line could potentially trigger another wave of buying pressure, potentially propelling XRP toward the $2.80 target that many traders are now eyeing. Despite the current bullish momentum, it's worth noting that XRP continues to trade below its 100-hour moving average, suggesting that while the short-term outlook is positive, there might still be some technical hurdles to clear for sustained upward movement. The trading volume accompanying this recovery has been substantial, indicating genuine investor interest rather than mere speculative activity. This development comes amid growing institutional interest in digital assets and increasing adoption of blockchain technology across various sectors. Market participants are maintaining cautious optimism, recognizing that while the technical setup appears favorable, cryptocurrency markets remain volatile and subject to rapid changes based on broader market sentiment and regulatory developments.
XRP Bulls Target $2.60 Resistance Amid Strong Recovery
XRP has surged past $2.50, fueled by renewed bullish momentum after finding solid support above $2.25. The rally mirrors broader gains across major cryptocurrencies, with traders now eyeing a critical test at the $2.60 resistance level.
Technical charts reveal a bearish trend line forming NEAR $2.66 on hourly timeframes—a decisive break above this barrier could propel XRP toward $2.80. The token currently trades below its 100-hour moving average, a historical resistance point that may determine the sustainability of this rebound.
Fibonacci retracement levels add credence to the upward move, with XRP already clearing the 61.8% threshold. Market participants await confirmation of whether institutional flows or retail FOMO will drive the next leg higher.
XRP Breakout Looms as Bulls Charge Toward $2.70
XRP is showing strong bullish momentum, with trading volume surging 24.23% to $10.25 billion amid a 9.26% price rally. The asset now faces a critical test at the $2.70 resistance level, where analysts identify a substantial sell wall.
Despite weekly losses of 12.14%, the daily recovery suggests shifting market dynamics. Technical indicators show weakening bearish pressure, with RSI and MACD readings hinting at potential trend reversal.
Market participants remain cautiously optimistic as XRP trades at $2.62, balancing short-term opportunities against broader market volatility. The coming sessions will prove decisive for the cryptocurrency's near-term trajectory.
Ripple Launches $200K Security Challenge for XRPL Lending Protocol
Ripple has partnered with blockchain security platform Immunefi to conduct a stress test of its upcoming XRPL Lending Protocol. The $200,000 "Attackathon" invites white-hat hackers to identify vulnerabilities before the protocol's launch, reflecting the heightened risks associated with DeFi lending platforms.
The initiative underscores Ripple's strategic push into decentralized finance. Critical vulnerabilities discovered during the October 27-November 29 testing window will qualify for bounties from the rewards pool. "This reinforces our mission to protect Web3's most critical ecosystems," said Immunefi CEO Mitchell Amador.
As lending protocols remain prime targets for exploits, the hackathon serves both as a security audit and confidence-building measure. The XRPL Lending Protocol represents a cornerstone of Ripple's expanding DeFi roadmap, with its success potentially influencing institutional adoption of XRP-powered financial infrastructure.
XRP Price Rebounds from Key Gann Support Amid Market Volatility
XRP has staged a notable recovery, climbing to $2.58 after a flash crash triggered by geopolitical tensions. The rebound follows a 42% drop earlier in the week, with institutional buyers stepping in to push trading volume past $617 million.
Technical analysts highlight the defense of a critical Gann support level near $2 as a bullish signal. ChartNerdTA notes this zone has historically marked turning points for XRP, with some projections now targeting a breakout toward $15–$27.
The recovery coincides with broader market stabilization, particularly between 14:00–17:00 GMT when aggressive dip-buying emerged. Over $30 billion in market capitalization was restored during the rebound.
XRP Surges Towards $3.65 Amid Renewed Bullish Momentum
XRP has rebounded sharply from recent lows, gaining 8.76% in the past 24 hours to trade at $2.60. The rally comes with a $15.73 billion trading volume, signaling renewed market confidence. Analysts draw parallels to 2017's capitulation pattern, which preceded a six-week surge—suggesting history may repeat.
Key resistance levels at $2.75 and $3.65 now serve as critical thresholds for the next upward move. crypto analyst CRYPTOWZRD notes XRP/BTC pair strength as particularly telling, with the asset demonstrating resilience despite broader market volatility.
XRP Rebounds to $2.60 Support with 9.75% Gain, Eyes $3 Breakout
XRP surged 9.75% to $2.62, reclaiming $30 billion in market capitalization after a turbulent week marked by U.S.-China trade tensions and a historic liquidation event. Daily trading volumes spiked to nearly $10 billion, signaling robust market participation.
Analysts interpret the rebound as the start of a fresh upward trend, with buyers stepping in decisively post-dip. Resistance looms near $2.60-$2.66, though the token remains below its 100-hour Simple Moving Average.
The recovery follows a 12% weekly climb, pushing XRP's market cap to $157 billion. Strong volumes suggest sustained bullish momentum, according to CryptoInsightUK.
