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  • XRP Breaks $3.23 Resistance With Strong Volume, Bulls Eye $3.30
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XRP Breaks $3.23 Resistance With Strong Volume, Bulls Eye $3.30

Cal Evans 1 year ago (Last updated: 1 year ago) 2 minutes read 0 comments
XRP logo rising over global financial charts, symbolizing price surge and future growth predictions
  • XRP broke past the $3.23 resistance and is now trading at $3.25, confirming a bullish breakout backed by strong volume.
  • Traders now look to $3.30 as the next target.

XRP has officially cleared the key resistance level at $3.23, now trading around $3.25, signaling a breakout that traders have been watching closely. The price surge follows a pattern of higher lows, strong volume, and renewed institutional interest — all of which point to continued strength and a possible push toward $3.30.

XRP/ USD PRICE CHART FOR 24 HOURS PERIOD
XRP/USD DAILY CHART

XRP Maintains Clear Uptrend With Strong Support Levels

On July 27, XRP rebounded from intraday lows of $3.16 and steadily climbed throughout the session. It printed a clean ascending channel, closing just below resistance at $3.22. That technical strength has now led to a confirmed breakout, with XRP pushing past $3.23 and establishing new ground at $3.25.

Volumes played a crucial role in the rally. Afternoon sessions saw volume spike to 81.78 million and 69.06 million at 16:00 and 17:00, nearly double the 24-hour average. These bursts of activity signaled institutional accumulation and helped validate the bullish structure.

XRP Targets $3.30 as Bulls Clear $3.23 Resistance

With resistance at $3.23 now breached, XRP’s next target lies between $3.25 and $3.30. The price has already touched the lower end of that range, but traders are watching to see if follow-through buying will lift it higher. Holding above $3.23 with consistent volume would confirm the breakout and build confidence for another leg up.

Broader Interest Supports the Move

Even amid overall market uncertainty, XRP continues to benefit from long-term narratives. Its established role in cross-border payments and growing interest in DeFi integration are keeping institutional investors engaged. This underlying utility, paired with technical strength, gives XRP a solid foundation even as other tokens experience choppier action.

What Traders Are Watching Now

  • Will XRP maintain support above $3.23 after the breakout?
  • Can it reach $3.30 in the next session with volume backing?
  • Are institutions continuing to accumulate above $3.20 levels?

If XRP can stay above its recent breakout point, traders may soon see another push — this time toward the $3.30–$3.35 zone.

ALSO READ:XRP vs XLM: Which Token Deserves Your Investment Today?

DISCLAIMER:
The views and opinions expressed herein are solely those of the author  and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

About the Author

Cal Evans

Author

Cal Evans is a technology lawyer and blockchain governance specialist with extensive experience in Web3 regulation, digital assets, and decentralized infrastructure. He has worked closely with blockchain foundations and startups, advising on compliance, token frameworks, and global regulatory strategy.

Visit Website View All Posts

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