XRP Surges Past $2.50 as Bullish Breakout Confirms Uptrend

XRP extended its rally on Thursday, surging beyond the crucial $2.50 resistance level and gaining momentum as trading volume spiked 31% above its weekly average. The breakout came amid a broader risk-on sentiment in the crypto market, with Bitcoin climbing and traders rotating into large-cap tokens showing technical strength.

After consolidating between $2.35 and $2.50 for weeks, XRP confirmed an inverse head-and-shoulders pattern — a bullish technical formation that signals a potential trend reversal. Thursday’s move through the neckline at $2.50 established a new short-term uptrend, setting the stage for possible gains toward the $2.65–$2.80 range if buying pressure continues.

The rally reflected improving macro conditions, as softer U.S. inflation data and declining Treasury yields encouraged investors to move back into digital assets. XRP outperformed the CoinDesk 5 index by about five percentage points, suggesting asset-specific accumulation rather than general market momentum.

During the session, XRP rose from $2.50 to $2.57, with intraday volume peaking at 142 million. Three sequential higher lows at $2.44, $2.48, and $2.51 confirmed controlled accumulation. Despite some profit-taking near $2.58, XRP held above breakout support, indicating that institutional traders added exposure during retests.

Momentum indicators such as RSI and MACD have turned bullish on the daily chart, supported by rising volume. Key resistance now sits at $2.60, with secondary targets near $2.80. However, a daily close below $2.50 could neutralize the bullish setup and send prices back toward $2.40–$2.42 support.

Traders are closely watching whether $2.50 will hold as the new base for further upside. Exchange data shows XRP reserves down by roughly 3.3% since early October — a sign of whale accumulation. Sustained trading volume above 130 million could validate a continuation toward $2.70–$2.80 in the coming days.