XRP News Today: XRP Surges 6 as $33 Million Traded in 1 Minute

XRP experienced a dramatic surge in trading volume on August 4, 2025, with over $33 million traded in just one minute across global exchanges, according to respected crypto analyst Xaif. This sudden liquidity event marked a significant deviation from the token’s recent average trading activity and drew immediate attention from traders and market analysts. The spike coincided with a nearly 6% price increase, as XRP moved from around $2.83 to a high of $3.03 before stabilizing near $3.00 [1].

The volume explosion was accompanied by over 110 million XRP tokens exchanged within a short timeframe—more than double the token’s recent daily average. In spot market transactions, the equivalent of over $423 million in USDT was transacted, highlighting strong institutional buying pressure. Analysts observed that this type of concentrated volume, particularly when aligned with a breakout in key resistance levels, is typically a sign of strategic accumulation or a coordinated market move [1].

From a technical perspective, XRP exhibited robust bullish momentum. The price successfully cleared multiple resistance levels at $2.87, $2.92, and $2.97 before encountering a barrier at $3.03. RSI(6) readings surged past 93, indicating strong overbought conditions, while short-term exponential moving averages remained in a bullish alignment. Despite these signals, the price action remained stable near its highs, suggesting continued confidence among market participants [1].

Institutional involvement in the rally was also evident, with over $14 million in leveraged long positions opened on major exchanges. This aligns with a broader trend of increased interest in XRP, driven in part by expectations of regulatory clarity and a general easing of geopolitical risks. Xaif also noted that the $33 million per-minute surge mirrored a similar flash event last month, when XRP saw a $29 million volume spike—another indicator of whale activity and high-frequency trading strategies [1].

Looking ahead, the key resistance level to watch is $3.03. A sustained breakout above this price could open the door to higher targets in the $3.10–$3.20 range. On the downside, support levels are currently identified at $2.97 and $2.92. To push beyond the current highs and retest historical peaks near $3.60, XRP will need to maintain strong volume and bullish momentum.

The event marks a pivotal moment in XRP’s recent market cycle, reflecting both short-term speculation and potential long-term positioning by major players. As the token hovers near the critical $3.00 level, the crypto community remains closely watching for signs of the next major move.

Sources:

[1] Times (https://timestabloid.com/xrp-trading-volume-explodes-multi-million-dollars-in-1-minute-worldwide/)