XRP continues to demonstrate bullish momentum as it consolidates near the critical $3.00 threshold, currently trading between $2.99 and $3.00. The digital asset has recorded a 1.4% daily increase and an impressive 7% gain over the past seven trading sessions, reflecting growing investor confidence. Market data reveals XRP maintains a substantial market capitalization of $299 billion, supported by robust trading activity with $4.69 billion in 24-hour volume. The cryptocurrency has experienced notable price volatility throughout the day, fluctuating between $2.94 and $3.07. Market analysts are closely monitoring whether XRP can successfully breach the $3.10 resistance level, which would potentially open the door for extended upward movement. The current trading pattern suggests accumulation is occurring at these levels, though sustainability remains the key question for traders and long-term holders alike. Technical indicators point to continued interest from institutional and retail investors, with trading volume remaining consistently strong. The broader cryptocurrency market’s performance and regulatory developments continue to influence XRP’s price trajectory as market participants await clearer directional signals.
