XRP News Today: XRP Surges 2.43% to $2.34, Eyes $2.60 Breakout

XRP's price has recently garnered significant attention from traders due to its upward momentum on the daily chart. After a prolonged period of sideways movement and a steady base formation, XRP is now challenging key resistance levels that could potentially unlock a larger rally in the coming weeks. The Relative Strength Index (RSI) is trending higher, and bullish Heikin Ashi candles confirm strong buyer sentiment, leading many investors to speculate whether XRP can break past $2.50 and aim for $3 this month.

The daily Heikin Ashi chart shows that the current daily candle closed near $2.34, with a notable upward move of +2.43%. The RSI has climbed to 63.55, indicating strong buying pressure but still shy of the overbought zone. When the RSI moves above 60, it often signals sustained upside potential, especially when the trend has broken above a horizontal resistance zone, which XRP appears to have done near the $2.20–$2.25 area. This zone may now flip into a support base.

Heikin Ashi candles smooth out noise, making trends clearer. The last few candles show smaller lower wicks and strong upward bodies, pointing to steady bullish sentiment. The last major downtrend bottomed near $1.75, and since then XRP has posted a series of higher lows and higher closes — a classic bullish structure. Overlaying the visible Fibonacci levels on the chart, we can see XRP price testing the $2.36–$2.40 level. A clear breakout here may open the next major target zone near $2.60 and possibly $2.80 if momentum holds.

If XRP price clears the immediate resistance, the next Fibonacci projection sits around $2.60. A conservative estimate puts the target near $2.60–$2.80, but a strong breakout with volume could push XRP price above $3.00, aligning with the measured move. The RSI at 63.55 is in bullish territory but approaching the 70 mark, where assets often consolidate or retrace. If buyers cool off, XRP price might retest $2.25 — the recent breakout zone — before attempting the next leg up. A healthy pullback to this support would likely keep the uptrend intact and attract new buyers, especially if the RSI resets closer to 55–60 without dipping below 50.

Based on the chart, short-term support is at $2.20–$2.25, with resistance to watch at $2.40–$2.60. A possible breakout target is $2.60–$2.80, with an aggressive upside target of $3.00+ if momentum holds. If Bitcoin and the broader market remain bullish, XRP price is positioned to test these higher levels soon. However, if the market turns risk-off, XRP may consolidate sideways above $2.20 before choosing its next direction. XRP’s daily chart shows strong technical signals with a bullish bias. The RSI is healthy, the breakout zone looks validated, and Heikin Ashi candles confirm trend strength. If the price stays above $2.25, XRP price could challenge $2.60–$2.80 in the coming weeks, with a stretch target near $3.00. Traders should watch for confirmation of the breakout on higher volume to catch the next leg up with confidence.