What to know:
$XRP rose 1.79% from $2.89 to $2.95 between July 15 13:00 and July 16 12:00, after dropping as low as $2.84 early in the session.
Trading volume spiked to 134.08 million during the initial decline, with strong buy-side absorption near $2.84–$2.85.
In the final hour, price rebounded from $2.94 to $2.95 on back-to-back volume bursts of 1.3 million and 1.8 million, validating breakout strength.
Overall session range: $2.84–$2.96 (3.73% volatility).
News Background
After a volatile start, XRP regained composure and climbed steadily throughout the day. Analysts attribute this rebound to corporate treasury inflows and tactical rotation into digital settlement assets.
While $3.00 remains a psychological barrier, intraday structure now reflects growing bid support and breakout conviction — with positioning ahead of the July 18 ProShares ETF launch likely reinforcing flows.