XRP Price Soars 26% In a Week: Breaking $3 Could Spark a Quick Rally to New All-Time Highs

The XRP price has soared 26% in the past week and 2.78% in the last 24 hours, to trade at $2.9239, on a 40.17% drop in the trading volume, to $8.21 billion.

The surge in XRP price comes as the spotlight falls on the $3 price level, which stands as strong resistance. XRP last came close to this mark with a weekly high at $2.97. Breaking and holding above $3 would be a historic move, potentially opening the way for a run to new all-time highs.

The token is also up 38% in the last month, firmly outpacing the broader altcoin index. Trading volume has spiked by over 70%, showing strong new interest and support behind the rally.

Due to the surge, XRP now sits as the third-largest cryptocurrency, with a total market value close to $170 billion. This cements its place just behind Bitcoin and Ethereum and marks a significant achievement for the XRP Ledger community.

A break above $3 could trigger a rapid race to new highs, rewarding both short-term traders and long-term holders. All eyes are now on this key level as XRP continues to shine in the crypto spotlight.

XRP Price Surges Amid Bullish Momentum

Traders observe a bullish pennant and a recently cleared rounding bottom on the XRPUSDT daily chart. These formations show big investors are quietly accumulating coins during sideways periods, often just before sharp price moves.

Support levels at $2.40 and $2.67 now act as steady floors where buyers can step in every dip, while immediate resistance at $3.00 is the main target now. If broken, XRP could quickly test $3.40, its previous major peak.

At 78.33, the Relative Strength Index (RSI) shows XRP is in overbought territory, so a short pause or mild pullback may happen before further rallies.

Moreover, the Average Directional Index (ADX) remains above 35, confirming that a powerful trend is in place.

XRPUSDT Analysis Source: Tradingview

Is The All-Time High Within Reach?

Failure to break and hold above $3 could see XRP retreat to the $2.40 and $2.67 support zone. With high RSI, a temporary cooldown period is common after strong rallies. Large Bitcoin or Ethereum moves could still impact XRP direction.

If XRP breaks $3, experts believe the rally could be fast: $3.40 and $3.85, both acting as milestone resistance lines. A confirmed breakout could carry XRP towards $4.50 or higher, especially as institutional interest grows and spot crypto ETF demand increases across major markets.