Ripple (XRP) continues to gain ground as the token surged 2.26% in the past 24 hours to trade at $2.68. The bullish push has reignited optimism across the market, signaling growing investor interest after a week of mixed trading sessions. With its 24-hour high reaching $2.69, XRP appears ready to challenge higher resistance levels if momentum holds.
XRP’s market capitalization climbed 2.25% to $161.22 billion, reinforcing its dominance among top-tier cryptocurrencies. The most notable development came from trading activity — the 24-hour volume spiked 41.04% to $4.95 billion, suggesting increased participation from both retail and institutional traders. This uptick in volume-to-market cap ratio, now at 3.06%, reflects stronger liquidity and renewed enthusiasm around Ripple’s market potential.
Moreover, XRP’s fully diluted valuation (FDV) stands at $268.62 billion, while its circulating supply currently sits at 60.01 billion XRP out of a 100 billion max supply. With 484,600 holders, the growing number of participants reflects steady community support despite broader market uncertainty.
Related article: XRP Bulls Eye $3.70: Can Key Support at $2.70 Ignite a Rally?
Price Range and Technical Outlook
In the last 24 hours, XRP traded between $2.60 and $2.69, marking a relatively tight but bullish range. The upward trajectory started after early dips to the $2.62 region, where buyers quickly stepped in to defend key support levels. This pattern hints at rising confidence among traders eyeing the $2.70 resistance zone.
Source: CoinMarketCap
If buying momentum continues, XRP could soon test the $2.75 to $2.80 range, potentially paving the way toward the long-term target of $3.00. Conversely, failure to sustain above $2.65 could trigger short-term corrections, though the overall trend remains positive.
XRP’s Long-Term Perspective
Despite still trading 30.06% below its all-time high of $3.84 set in January 2018, XRP has delivered an astronomical 95,783.85% gain since its all-time low of $0.002802 in 2014. The steady growth underlines Ripple’s resilience and its role in blockchain-based financial infrastructure.
Related article: XRP Price Crashes Below $2.85: Is This the Perfect Buy-the-Dip Moment?
As of now, the market sentiment around XRP is clearly leaning bullish, with growing momentum suggesting that Ripple could be preparing for another major move in the days ahead.
