XRP (XRP) trading volume has surged over the past 24 hours as the price briefly touched $3.30, following a volatile weekend that saw a strong rebound from the $3 support level. This bounce from a key psychological zone supports a bullish XRP price prediction.
Nearly $7 billion in XRP was traded during this period, marking a 77% spike in volume and signaling renewed market interest.
Trader CasiTrades shared her outlook on X, noting that while XRP faced resistance at $3.20, the $3.00 level held firm — a promising sign for bullish continuation.
She now sees enough evidence to believe that this could be an early indication that an Elliott Wave pattern is forming. This would be wave 2 and could anticipate a big move toward the $3.82 level that would precede an even higher climb to a new all-time high.
One of the key catalysts that could propel XRP to a new price record would be the launch of a spot exchange-traded fund (ETF) for the token in the United States.
Recently, the first XRP ETF hit the trading floor and has paved the way for the upcoming approval of other similar vehicles by the U.S. Securities and Exchange Commission (SEC).
XRP Price Prediction: Descending Triangle Breakout Will Confirm Move to $3.65
The 4-hour chart shows the strong bounce that came after the token touched the $3 area. A descending triangle has now formed in this lower time frame as the price has been making lower highs in the past few days.
This kind of price compression typically signals consolidation before a major move.
As long as the $3.00 level continues to hold, the price action supports a bullish XRP price prediction.
The Relative Strength Index (RSI) has been trending upward since Friday and recently crossed above its 14-day moving average — a sign that bullish momentum is gaining strength.
A confirmed breakout above $3.30 would mark a key trend reversal and could quickly push XRP toward the $3.65 level, in line with CasiTrades’ forecast.
If adoption and inflows continue building through the end of the year, XRP could climb as high as $10 by December, powered by a strong year-end rally and rising demand.
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Thus far, this meme coin has raised $1.3 million. The token is hard-capped at $5 million, meaning that early buyers will reap the highest returns and will be compensated for believing in something.
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