XRP News Today: XRP Surges 38% Weekly on Crypto-Friendly Legislation Optimism

XRP price has surged to new 2025 highs, currently trading near $3.55 following a significant breakout from months of consolidation. The cryptocurrency has seen a gain of over 13 percent in the past 24 hours and nearly 38 percent on the week. This rally is part of a broader market surge driven by renewed optimism around crypto-friendly legislation in the United States.

The weekly chart indicates a clear breakout from a multi-month accumulation pattern, with XRP price jumping past the $3.40 neckline. This move completes a W formation, suggesting a potential upside target near $4.80 in the coming weeks if the momentum continues. The breakout candle is large and supported by significant volume, confirming the strength behind the move.

On the daily timeframe, XRP has rallied through the $2.95 and $3.25 resistance zones without major rejection, marking the most aggressive bullish push since November 2024. The next resistance levels are visible near the $3.85 zone and the $4.00 psychological level.

The sharp rally in XRP price is driven by a combination of technical breakout and macro factors. Market-wide sentiment has shifted bullish after U.S. lawmakers proposed the GENIUS Act and other frameworks to integrate crypto into retirement plans. This has opened the possibility for institutional inflows into altcoins like XRP, which historically benefits from regulatory clarity.

From a technical perspective, the 4-hour chart shows XRP price action remaining above all key exponential moving averages. The 20 EMA sits at $3.16, the 50 EMA at $2.91, and the 100 EMA at $2.68, all well below the current price. This bullish stack supports the continuation trend.

While the broader structure remains bullish, lower timeframes are beginning to show early signs of cooling. On the 30-minute chart, the RSI has dipped from near 80 to 66.70, indicating a mild reset in overbought conditions. The MACD histogram has also started to compress, though it remains in bullish territory. Bollinger Bands on the 4-hour chart are widely expanded, and candles are pushing against the upper band at $3.56. This suggests volatility may compress in the short term before the next leg higher. Despite these signals, price remains above the Bollinger mid-band and VWAP baseline, confirming that buyers still control short-term structure.

XRP price today is likely to consolidate between $3.45 and $3.64 in the near term as intraday indicators cool off. If the price holds above $3.40 and reclaims $3.64 on strong volume, a breakout toward $3.85 and $4.00 becomes probable. That zone marks historical resistance from late 2021 and aligns with the next Fibonacci projection based on the recent swing. On the downside, any pullback toward the $3.25 or $3.16 EMA support zones could attract dip buyers. Trendline support from the July breakout structure also converges near this area, making it a strong technical defense zone for bulls.