XRP has pushed higher over the past 24 hours, recording a strong move that lifted the price to $2.21, marking a 6.05% daily gain. The market saw renewed buyer confidence early in the session, which helped XRP extend to its intraday high of $2.28. Although the price later cooled slightly, the bullish tone remains intact.
Trading volume surged 45.98% to $6.38B. This spike shows traders are becoming more active and are reacting quickly to every movement on the chart. The rise in volume often signals stronger conviction, and this time it helped lift XRP from the low of $2.06.
Ripple’s market cap followed an upward trend, rising to $133.29B, up 6.04% in a single day. With the circulating supply sitting at 60.25B XRP, buying pressure has enough room to influence price action more aggressively, especially during periods of heightened trading activity.
Related article: Why 1,000 XRP Could Define the Next Wave of Crypto Wealth
Price Action Shows Renewed Short-Term Confidence
Looking at the 24-hour candle structure, XRP started the period near $2.21. It briefly dipped toward the low range at $2.06, but buyers quickly absorbed the pressure. The rebound was steady at first but gained pace as the session progressed. By mid-cycle, the price displayed a clean upward push, forming a sharp rally toward the $2.25–$2.28 zone.
Source: CoinMarketCap
However, the rally paused after XRP touched the $2.28 resistance level. Sellers reacted immediately, causing a mild correction back to $2.21. Even so, the pullback remains shallow, suggesting bulls still control the trend for now.
Although XRP is far from its all-time high of $3.84 set in 2018, the current price shows strong recovery momentum. The distance from the 2014 all-time low of $0.002802 highlights long-term resilience. Investors are keeping a close eye on these levels as XRP continues to set new multi-month highs.
What Comes Next for XRP?
Short-term momentum remains bullish as long as XRP holds above the $2.15–$2.20 support range. A break above $2.28 could open the door toward another leg up. Yet, a drop below $2.15 may briefly slow the trend. For now, traders are optimistic, activity is rising, and XRP appears ready to test higher levels again if buying pressure continues.
