XRP Breaks $2.35 as Institutional Volume Surge Signals Strong Breakout

XRP Price Reclaims Key Resistance With Conviction

XRP  has officially reclaimed the $2.35 price level, a milestone that traders and analysts have been watching closely for weeks. The move represents a clean 15% breakout from recent consolidation, backed by a sharp increase in trading volume that signals strong market conviction. At the time of writing, XRP is trading in the $2.3-$2.42 range, holding gains instead of showing the typical post-pump pullback an early sign of strength.

Institutional Volume Confirms the Move

What separates this rally from previous short-lived spikes is the volume profile. XRP’s 24-hour trading volume jumped more than 60%, crossing an estimated $7-8 billion across major exchanges. On-chain data also shows multiple large transactions exceeding $10 million per transfer, a pattern commonly associated with institutional accumulation rather than retail speculation.

Historically, XRP breakouts accompanied by volume increases above 40% have resulted in sustained price continuation over the following two to four weeks. This puts the current move well above the threshold analysts typically look for when confirming a legitimate breakout.

Technical Indicators Turn Decisively Bullish

From a technical standpoint, XRP has flipped former resistance at $2.30–$2.35 into short-term support. The Relative Strength Index (RSI) on the daily chart sits near 64, signaling bullish momentum without entering overbought territory. Meanwhile, the 50-day moving average has crossed above the 200-day moving average, forming a classic golden cross a setup that historically precedes extended upside moves.

Price structure data suggests XRP has exited its multi-month accumulation range, with higher highs and higher lows now firmly established.

Supply Metrics Strengthen the Bullish Case

Exchange data indicates a noticeable decline in XRP balances held on centralized platforms, down approximately 8% month-over-month. This reduction in available sell-side liquidity often precedes price expansion, as fewer tokens are readily available for immediate selling pressure.

Additionally, long-term holder wallets have increased steadily, showing that investors are opting to hold rather than flip into short-term rallies.

What Comes Next for XRP Price

If XRP maintains support above $2.35, analysts identify the next resistance zones at $2.75, followed by the psychologically important $3.00 level. A daily close above $2.50 with sustained volume could accelerate momentum toward those targets.

In short, XRP’s reclaim of $2.35 isn’t just another headline it’s a data-backed breakout. With institutional volume, tightening supply, and bullish technicals aligning, XRP is once again positioning itself as one of the most analytically compelling assets in the crypto  market  right now.