- XRP maintains bullish momentum above $2.30 after breaking a multi-month descending trendline with strong volume confirmation.
- A sustained breakout above $2.65 may drive XRP toward the next price targets at $3.10 and $3.3967, supported by volume strength.
- Historical demand clusters between $1.90 and $2.10 suggest solid buyer interest if XRP experiences a short-term pullback.
On May 28, 2025, XRP remained steady above the $2.30 level, showing a continuation of bullish momentum. The token has jumped out of a long downward pattern, which suggests the market is changing its outlook. The increased number of trades during the breakout increased the confidence of traders in buying the asset.
Analyst visuals from EGRAG CRYPTO have identified the $2.61 to $2.65 zone as a major resistance band. A confirmed move beyond this area could open the path for XRP to target higher levels. Price projections mark $3.10 and $3.3967 as potential upside zones if the bullish pattern continues.
Volume Profile Shows Buyer Interest Around $2.00
Market data from Binance’s 1-hour heatmap revealed heavy historical trading activity between $1.90 and $2.10. This indicates strong buyer interest, which could become relevant if the market retraces. The area between $1.47 and $1.60 has also been identified as a long-term buyer zone, based on previous patterns and volume concentration.
The level of 0.888 Fibonacci retracement lies near the $2.30 mark, helping to support the price just now. Supporting evidence near $2.20 and $2.15 gives a stronger base for the current trend. For now, XRP has stayed above the levels of $1.6126 and $1.2038.
Potential for Higher Targets if Resistance Breaks
EGRAG’s chart analysis suggests a zig-zag consolidation phase is nearing its end. If XRP pushes through the highlighted resistance, the price could climb sharply. The visuals indicate a clear pathway for movement toward the $3.10 and $3.3967 zones.
Despite current strength, analysts noted that if XRP experiences downward pressure, areas around $2.00 and $1.47–$1.60 are likely to attract renewed buyer interest. These zones are historically supported by large volume and visible liquidity clusters.
