XRP News Today: XRP Breaks $2.60 Resistance, Eyes $3.00 Milestone

XRP has recently broken through a significant resistance level at $2.60, marking a crucial turning point in its ongoing rally. This level had previously acted as a barrier, capping the asset's upward momentum for several weeks. The breakout has now paved the way for a renewed push towards the $3.00 mark.

According to prominent analyst Cryptoinsightuk, this breakout confirms that XRP’s next major move is already in progress, with $3.00 firmly in sight. Earlier this week, XRP experienced a textbook breakout from a descending wedge formation, surging from $2.42 to $2.57 in a high-volume move. This rally brought the asset directly to the $2.60 barrier, a key resistance zone in XRP’s recent price history.

Now that the $2.60 level has been decisively breached, XRP is trading above this mark with sustained momentum and growing volume, confirming a bullish continuation pattern. On-chain data indicates major whale accumulation, with large wallets holding over 47 billion XRP, suggesting that institutional players are driving this move. Cryptoinsightuk, who first called the range breakout, noted that the structure was “hit perfectly,” and emphasized that breaking $2.60 would unlock a powerful upside continuation. With that condition now met, traders are focusing on $3.00 as the next key milestone.

With $2.60 now acting as support, XRP is poised for further gains. Analysts expect minor resistance in the $2.70–$2.90 region, but there is little standing in the way of a move to $3.00. Momentum indicators remain strong, with XRP recently printing a golden cross on the daily chart and buying pressure reflected in both volume and trend strength. A successful break above $3.00 would be a historic achievement, as XRP has not touched this level since its all-time high of $3.84 in January 2018. The current rally is the closest the asset has come in over seven years to reclaiming that price territory.

XRP’s bullish momentum is not solely driven by technical factors. Ripple’s growing regulatory presence, its expansion into stablecoin markets through RLUSD, and increased global adoption of the XRP Ledger have all contributed to strong investor confidence. The lingering SEC case, though technically still open to appeal, has had less impact on sentiment. Ripple’s decision to drop its counter-appeal, and the expectation that the SEC may soon do the same, has removed much of the legal uncertainty that previously weighed on price action.

Now that $2.60 has been broken, XRP’s path to $3.00 is clear. The breakout has confirmed a bullish structure, institutional support is increasing, and broader market momentum is accelerating. As Cryptoinsightuk predicted, this move may be just the beginning. At the time of writing, XRP is trading around $2.91, just shy of the next psychological target. A successful push through $3.00 would mark XRP’s highest level since its all-time high in January 2018, and could set the stage for a retest of historic highs.