XRP News Today: XRP Surpasses $3.20, Gains 26% Weekly on Strong Technicals

XRP’s price has resumed a bullish trajectory, breaking above key technical levels that suggest renewed upward momentum. The cryptocurrency surged past the $3.20 threshold, with the current price hovering near $3.220 and surpassing the 100-hourly Simple Moving Average. A critical bearish trend line at $3.240 on the XRP/USD hourly chart has been breached, signaling potential for further gains [1]. If the price sustains above the $3.150 zone, analysts anticipate a continuation of the upward trend. The 23.6% Fibonacci retracement level of a recent decline from $3.650 to $2.959 has been surpassed, indicating short-term buyers are stepping in [1].

Technical indicators reinforce the bullish case. The hourly MACD is gaining momentum in the positive zone, while the RSI for XRP/USD has crossed above the 50 level, suggesting growing buying pressure [1]. Key resistance levels now include $3.30, $3.3850, and the $3.450 zone, with the $3.50 level identified as a potential target if the rally continues [1]. A breakthrough above $3.3850 could propel the price toward $3.50, with $3.650 serving as the next major hurdle. Conversely, a failure to clear $3.30 might trigger a pullback to $3.20 or $3.150, followed by further declines toward $3.00 [1].

Market dynamics also support XRP’s upward potential. Institutional interest and whale activity have contributed to a 26% weekly price surge, while broader cryptocurrency markets have seen a 30–70% rebound in Q2–Q3 2025 [5]. Analysts note that reduced volatility since 2016 and the absence of bearish divergences in price action suggest sustained institutional participation [5]. Post-lawsuit developments have bolstered confidence, with some observers forecasting a $4 target for XRP amid ETF-driven speculation, though such projections remain speculative and contingent on volume and resistance validation [3].

Investors are advised to monitor critical thresholds, particularly the $3.00 level, which acts as a foundational barrier for further upside. A successful breakout could mirror historical bull cycles, potentially leading to a multi-month rally. However, macroeconomic factors such as the S&P 500’s performance and global regulatory shifts remain cautionary variables [1].

The current setup reflects a delicate balance between optimism and prudence. While technical indicators and market sentiment align with a bullish retest, validation through sustained volume and resistance confirmation is essential [1]. Institutional inflows and retail demand will be pivotal in sustaining momentum. For now, XRP’s trajectory remains under close watch as it navigates the intersection of technical strength and evolving market conditions.

Sources:

[1] [XRP Price Poised for Fresh Rise](https://www.newsbtc.com/analysis/xrp/xrp-price-poised-for-fresh-rise-3-30/)

[3] [Analysts See XRP Hitting $4, Solana $250 as ETF Buzz Builds](https://bricksgold.com/)

[5] [XRP Price Jumps 26% Weekly as Whale Moves in](https://leapdigitalinvestments.com.au/)