XRP Jumps 11% With Eyes on $2.20, Analysts Split on What’s Next
0Ripple-related token jumps 11% on strong volume amid Middle East tensions and divided trader sentiment.
XRP is pushing higher despite escalating global turmoil, surging 11% over the past 24 hours to reclaim the $2 mark.
The rally comes after a turbulent weekend driven by U.S. and Israeli military activity in the Middle East, which briefly pushed the token below key psychological support.
Now back above $2.17, XRP is testing fresh resistance levels with high-volume support holding at $1.97.
News Background
Price Action
XRP climbed from $1.967 to $2.173 over the past day, posting a 10.5% range with bullish momentum concentrated in the late session.
The decisive breakout came during the 22:00 hour with 217M volume — nearly 3x the average — establishing $2.06 as strong resistance.
Buyers first stepped in at $1.97 around 17:00 with 130M in volume, setting the foundation for the surge.
Price has since consolidated above $2.13, with $2.154–$2.156 emerging as a new support zone defended by bulls.
In the last hour, XRP rose 1.2%, closing near highs after fending off a quick 1.7% pullback at 04:07.
Volume peaked during upward movement (748K units), indicating likely accumulation rather than distribution.
Technical Analysis Recap
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
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https://www.coindesk.com/markets/2025/06/24/xrp-jumps-11-with-eyes-on-220-analysts-split-on-whats-next
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