XRP has successfully broken through a key technical barrier, with its recent surge supported by strong institutional demand and positive macroeconomic trends. This combination has placed the $2.80 price level firmly within reach for traders.
A Significant Technical Breakout
XRP recently cleared the critical $2.63 resistance level, climbing to $2.68 during Sunday’s session on a significant spike in trading volume—one of the largest of the month. This move is a textbook signal of institutional accumulation and has established a new support base between $2.61 and $2.63. The breakout was characterized by disciplined buying, with the price forming higher lows, which reinforces the strength of the upward move.
The momentum has also been supported by a shift in market-wide risk appetite. Reports of a consensus on a U.S.-China trade framework and heightened expectations for Federal Reserve rate cuts have boosted demand for risk assets, including cryptocurrencies.
Fundamentals Fueling the Rally
Beyond the charts, several fundamental factors are contributing to the positive sentiment. Institutional interest is surging, with CME XRP futures notional volume reaching a record $26.9 billion since May 2025. This indicates robust demand from professional traders and institutions.
Furthermore, the REX-Osprey XRP ETF has seen its assets under management (AUM) surpass $100 million in its first month, signaling growing institutional participation through regulated vehicles. These developments coincide with XRP reclaiming the 4th spot by market capitalization, flipping Binance Coin (BNB).
The Path to $2.80 and Beyond
With the technical breakout confirmed and fundamentals strengthening, the path toward $2.80 appears viable. Analysts identify the $2.68 to $2.75 zone as the immediate resistance that needs to be conquered. A sustained move above this area, particularly a daily close above $2.80, would be a strong confirmation of bullish momentum and could open the door for a push toward the $3.00 psychological level.
Traders are advised to watch two key behaviors: whether XRP can hold the $2.63 support base and if trading volume remains elevated. A successful re-test of the support level would validate the breakout and increase the probability of a continued move upward.
