XRP – A 20% Surge? These Levels Hold the Key to the Wild Ride

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Key Takeaways

Binance‘s XRP reserve shot up by a mind-boggling 43 million in just one week, a sure sign that someone is feeling a bit too… generous with their dumps. The magic numbers? $2.988 on the downside, $3.084 on the upside. Hold on tight!

Ripple (XRP) has officially turned up the heat, and not just because of the weather. It looks like we might just be on the verge of a bull run, so buckle up.

In the past few days, this cryptocurrency has been flexing, busting through resistance levels like a heavyweight champ. Could an XRP bull run be lurking around the corner? We certainly wouldn’t bet against it.

XRP Price Action – The Levels You Should Be Watching

As of now, XRP is sitting at a comfy $3.05, enjoying a sweet 1.67% rise over the past 24 hours. Not bad, not bad at all.

Trading volume? Oh, it’s up by 49% compared to yesterday, so it’s safe to say the bulls are out in full force. Investors and traders alike are lining up like it’s Black Friday.

The cause for all this commotion? A delightful bullish breakout, of course. Technically speaking, XRP has just obliterated a stubborn trendline that had been blocking the way since July 18, 2025.

And the breakout? Oh yes, it’s real. We saw a daily candle close above that pesky line, so the stage is set for more upward moves.

If XRP can keep this fire burning, we might just see it soar another 20%, landing somewhere near $3.66. But don’t pop the champagne yet-the $3.40 mark might be the party pooper.

For now, though, the key level to keep an eye on is $2.93. If it dips below that? Well, brace yourself for a bumpy ride to $2.70, where it might gather up some liquidity for the next move.

Technical Indicators & Expert Forecasts – Hold onto Your Hats

As of now, the Supertrend indicator is flashing red, hovering above the price like a warning sign you might want to heed. Translation: There’s still some nasty selling pressure lurking in the background.

But don’t lose hope yet-The Relative Strength Index (RSI) is climbing steadily, now sitting at 57. While this doesn’t mean XRP’s about to hit the overbought zone, it’s getting close. However, there’s still some room for growth, so don’t count it out just yet.

Now, for those who live for bold predictions: A crypto expert recently posted on X (formerly known as Twitter) that if XRP breaks the $3.05 threshold, we might see it fly to $3.60. Well, guess what? It’s already managed to pull that trick off in recent gains.

On-Chain Data – Mixed Feelings, But Maybe Don’t Panic Just Yet

So, about that bullish outlook… Let’s talk Binance’s XRP reserves. They’ve been rising steadily, and we’re not sure if it’s due to whale shopping sprees or just some casual dumping. Either way, it’s worth keeping an eye on.

According to CryptoQuant, Binance’s reserves have swelled by a jaw-dropping 43 million in the past week-right around the time XRP was shooting for the moon. Hmm, suspicious much?

And as the reserve grows, traders are biting their nails, placing long bets like there’s no tomorrow.

Over the past 24 hours, XRP’s liquidation levels were $2.988 on the downside and $3.084 on the upside. Anyone who’s willing to go long or short at these levels might just be playing with fire-$65.21 million worth of long positions and $24 million in shorts. Let’s hope they packed their fire extinguisher.

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2025-09-13 03:24