XRP News Today: XRP Surges on Tripled Volume as Price Retests $3 Resistance

XRP experienced a dramatic surge in trading volume as the price retested the $3 resistance level, with over 110 million XRP traded—a figure more than triple the daily average [1]. This sharp increase came as the price moved through several intraday resistance levels, including $2.87, $2.92, and $2.97, reinforcing the validity of the breakout [1]. South Korea played a pivotal role, with Upbit alone recording over $95 million in trading volume, highlighting strong regional demand from both institutional and retail participants [1].

The retest of the $3 level also triggered a short-lived but significant price movement, with XRP briefly pushing above $3.0166 and the RSI index rebounding above 60, suggesting renewed buying interest [3]. Analysts noted that this marked a potential turning point for XRP, historically a ceiling rather than a foundation, but now showing signs of consolidation around the $3 mark [4]. Over the previous 24 hours, the token had gained 3.74%, with some traders reporting it held the $3 level for several hours before stalling at higher resistance [5].

Looking at the broader technical outlook, XRP faces critical resistance at $3.00–$3.03 and a key breakout zone at $3.12–$3.14. A sustained move above these levels could set the stage for a rally toward the recent all-time high of $3.65 [1]. On the downside, support is currently clustered around $2.97–$2.92, with further levels at $2.85, $2.80, and as low as $2.65 in the event of a deeper pullback [1]. Momentum indicators like the RSI and EMAs remain mixed, showing short-term bullishness but also early signs of overextension and minor fatigue [1].

The rally coincided with broader optimism around the Ripple vs. SEC case, with a settlement expected by August 15. Ripple has reportedly prepared a $125 million fine and plans to drop its appeals, potentially leading to a resolution that would clear regulatory uncertainty and boost investor confidence [1]. Additionally, Ripple’s growing ecosystem—particularly the adoption of its stablecoin, RLUSD—has contributed to increased trading inflows and heightened interest in XRP [1].

Despite the tripling of trading volume and signs of bullish momentum, the market remained cautious. Profit-taking and elevated volumes led to a temporary pause in upward movement, and uncertainty persisted about XRP’s ability to maintain momentum above $3. The price stalled at levels such as $3.0329 and $3.60, where historical resistance has previously curbed advances [3]. Broader macroeconomic concerns and geopolitical developments, including new tariff announcements, also weighed on risk sentiment and affected other major digital assets like Bitcoin [6].

Overall, XRP’s performance near $3 has become a key focal point for market observers, reflecting both institutional and retail confidence. While the increased trading activity is a positive indicator, it does not guarantee a sustained breakout. The coming days will be crucial in determining whether XRP can overcome its resistance levels with the support of favorable legal developments and strong momentum indicators.

Source:

[1] Coinpaper, [https://coinpaper.com/10353/xrp-trading-volume-triples-as-price-retests-3-resistance](https://coinpaper.com/10353/xrp-trading-volume-triples-as-price-retests-3-resistance)

[2] Mitrade, [https://www.mitrade.com/au/insights/news/live-news/article-3-1012201-20250805](https://www.mitrade.com/au/insights/news/live-news/article-3-1012201-20250805)

[3] TradingView, [https://www.tradingview.com/symbols/XRPUSD/ideas/?sort=recent](https://www.tradingview.com/symbols/XRPUSD/ideas/?sort=recent)

[4] Reddit, [https://www.reddit.com/r/XRP/](https://www.reddit.com/r/XRP/)

[5] Stocktwits, [https://stocktwits.com/symbol/LINK.X](https://stocktwits.com/symbol/LINK.X)

[6] Crypto, [https://cryptonews.net/news/analytics/31370725/](https://cryptonews.net/news/analytics/31370725/)