What you need to know:
● XRP broke through resistance at $2.197, signaling a resurgence of bullish sentiment due to institutional buying at key levels.
● The volume increased significantly during the liquidity shift, indicating professional participation and an overall improvement in market sentiment.
● Maintaining the price above the level of $2.204 is key for continuing the upward movement, while a breakout at the level of $2.22 could lead to further growth.
XRP continued its recovery, confidently breaking through resistance at the level of $2.197, signaling a resumption of bullish momentum in the context of renewed institutional accumulation at key levels.
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News: Key Information
● The overall crypto market improved sentiment after BlackRock confirmed support for the tokenization of real-world assets.
● Firelight, a new DeFi protocol, allows XRP holders to stake tokens and earn rewards while providing protection against hacks on the network.
● Developed by Sentora and supported by the Flare network, Firelight represents a capital-efficient level of protection aimed at enhancing DeFi resilience.
● The protocol utilizes the FAssets system from Flare to integrate XRP into DeFi, offering a new income opportunity for XRP holders. Technical analysis.
This achievement allows companies licensed by FSRA to use RLUSD for regulated operations, expanding its presence in the Middle East.
● The adoption of RLUSD in ADGM highlights its role as a stablecoin with transparent reserve rules, attracting banks and payment companies in the region.
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Technical Analysis
● The rising trend of XRP above the level of $2.197 confirms a clear breakout of the micro-range in which the price was held for most of the previous session.
● The repeated tests of the support level of the channel at $2.17 illustrate the absorption of demand at lower levels. This activity occurred against the backdrop of increased funding rates, which have risen more than 120% in the last 24 hours. While this reflects a rise in bullish confidence, it also signals an increase in the risk of high leverage if the price does not continue to move upwards.
● The overall structure remains unchanged: an intraday breakout model, support of the upward channel from the November lows, and a forming Power-of-3 sequence indicating accumulation, manipulation, and expansion. Currently, XRP is in a transitional zone between the second and third phases.
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Summary of Price Movement
● XRP traded in the range of $2.19 to $2.20 for most of the session before a brief liquid drop lowered the price to $2.15 during the most voluminous event of the day. Buyers quickly absorbed this movement, pushing the token back above $2.17 and ensuring higher lows with each subsequent retest.
● The breakout at the level of $2.197 triggered a clear movement towards $2.206, with the hourly volume increasing from 450K to 553K. The price stabilized above $2.204 at the close, while $2.22 served as the next resistance level that needs to be overcome.
● The intraday momentum remained positive; however, further growth now depends on maintaining the structure above the level of $2.204 and avoiding deeper tests of the level $2.17.
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What Traders Should Know
• Micro-support at the level of $2.204 now serves as the nearest support point — holding above it maintains breakout activity.
• A breakout above $2.22 opens a direct continuation to the resistance zone of $2.33–$2.40.
• The bounce from $2.22 combined with the increase in funding rates raises the risk of liquidation with leverage.
• Losing support at $2.17 will shift attention back to the broader psychological level of $2.00.
• Confirmation of volumes remains key — stable values above 600K/hour will support the next phase of expansion.
