XRP Price Today: XRP Surges to $2.90 With Over 18% Rally, Eyes $3 Weekly Close

With bullish momentum accelerating, traders are now eyeing a potential close above $3 for the first time since January 2025.

XRP has caught the market’s attention after staging a powerful rally, surging more than 18% within a single day to reach $2.91. This move marks XRP’s largest daily gain since April, according to Investing.com data. The rally pushed the token’s market cap to approximately $156 billion, accounting for over 4.2% of the total cryptocurrency market value.

XRP was trading at around $2.91, up 18.91% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Trading volume also surged dramatically, with over $8.25 billion worth of XRP exchanging hands in the past 24 hours. Over the last week, XRP price has climbed over 20%, making it one of the top-performing large-cap crypto assets during this stretch.

This impressive momentum has brought XRP close to the $3.00 resistance zone, a level many traders are watching closely as a potential weekly close target.

XRP’s latest rally is being fueled by broader market optimism, largely driven by Bitcoin’s breakout above $118,000, which has helped lift the entire crypto sector. Technical analysts suggest that volume spikes and bullish continuation patterns are pointing to sustained buyer interest in XRP.

XRP is eyeing a $3 breakout following the current bullish trend. Source: AdamIdris2 on TradingView

Many in the XRP crypto community view this push as a stepping stone toward new yearly highs, though some caution that true excitement won’t begin until XRP can reclaim $3.84, the level often cited as its all-time high.

Despite XRP’s recent surge, some analysts remain cautious. Prominent XRP advocate Digital Assets Daily believes the real breakout will only begin once the token surpasses $3.84 — a level that has become a symbolic and psychological milestone for long-time holders.

XRP’s recent move is encouraging, but true excitement hinges on breaking its 7-year all-time high of $3.84. Source: @AssetsDaily via X

While the XRP price today is at a two-month high, this $3.84 figure has been the center of debate in the community. Some argue that the actual all-time high (ATH) was closer to $3.40 in January 2025, while others say trades above $3.80 on Korean exchanges were glitches or anomalies, and not reflective of real market activity.

Ripple CTO David Schwartz reportedly stated that the highest verified trade in 2018 was closer to $2.80, adding more weight to the ongoing debate. Regardless of the precise number, many XRP holders agree that clearing this level would represent a major technical and emotional breakthrough.

Speculation around the XRP price prediction 2025 has become increasingly bold. Analyst Alex Cobb sees XRP reaching $22.54 by the end of next year, while Davinci Jeremie and Dustin Layton forecast $24 and $50, respectively. The most optimistic forecast was put forth by Javon Marks, who thinks XRP can reach a staggering $100.

XRP has completed a complex wave 4 Elliott pattern, signaling a potential move toward $5–6, though caution is advised as wave 5 may be short-lived. Source: mptrading74675 on TradingView

While these XRP predictions are still speculative, they indicate increasing optimism on the part of XRP enthusiasts, particularly amidst Ripple’s increasing partnerships and continuing legal clarity after the Ripple vs SEC unfoldings.

Ripple price forecast is also being driven by institutional interest and macroeconomic factors, with many viewing XRP as a bridge asset for cross-border payments. As Ripple Labs continues to build out the XRP Ledger ecosystem, confidence in long-term growth is taking root.

For now, all eyes are on XRP’s ability to close the week above $2.85 and move toward the critical $3 resistance. A clean breakout above this level could signal the next leg up in this rally.

Until the coin decisively breaks the $3.84 ceiling, some caution is warranted. Still, the price of XRP today signals that momentum is clearly on the bulls’ side — and if volume remains strong, the next phase of XRP’s journey could arrive sooner than expected.

As Ripple XRP news continues to evolve and the XRP lawsuit update draws closer to resolution, investors and traders alike will be watching to see if XRP goes beyond the current rally — and possibly achieve the long-awaited breakout that reshapes its market narrative.