XRP News Today: XRP Breaks $3.00 Mark With 10.3% Gain

XRP has successfully broken through a prolonged horizontal range that had confined it between $1.90 and $3.00 for the past nine months, now trading at $3.25. This breakout marks a significant milestone as it is the first time the asset has traded above the $3.00 psychological mark in months, representing a 10.3% appreciation over the past 24 hours. The breakout is supported by strong upward momentum, as indicated by the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). The RSI stands at 76.04, and the MACD volume exceeds 948.78 million, both confirming the bullish trend.

The breakout follows a powerful uptrend that began in early July, characterized by rising volume and momentum indicators. This price action contrasts with a previously failed breakout in early 2025, which resulted in a fake-out. However, current metrics and chart behavior suggest a different outcome this time. The weekly chart shows a range with resistance at $3.00 and support at $1.90. The recent breakout invalidates the previous rejection and signals a potential change in price behavior. The weekly candle has formed above prior highs, with sustained bullish pressure visible in the recent green candles. Each prior test of the $3.00 level ended in rejection until now, and the breakout was not abrupt but built steadily through higher lows, culminating in this upward thrust.

Technical indicators further support the strengthening momentum. Within the 1-hour timeframe, the RSI has surged past 70 with a current reading of 73.76, implying good momentum but also indicating that the asset is close to being overbought. Historical experience shows that readings above 70 are often accompanied by short-term corrections, but the current behavior suggests that buyers remain in control. The MACD data also supports this momentum, with the MACD line widening significantly above the signal line and histogram bars increasing in size. The volume backing this surge reached 948.78 million, further reinforcing bullish conviction.

Support remains firmly placed at $2.95, which was the breakout pivot. If XRP pulls back, this level may be retested. Holding this area would affirm the breakout’s strength and establish a new base. Price has not revisited $1.90 since early July, underscoring the strong rally from lower levels. Consolidation near $3.25 may occur in the short term, with eyes fixed on a clean breach of $3.29. The current resistance now stands at $3.29, a level traders will monitor closely as price consolidates above $3.00.