Ripple’s XRP ($2.50) has had a strong week, rising 9.7% to $2.49 as bullish sentiment returned to the market. This upward momentum marks a significant rebound for the token, which opened the week around $2.27 before buyers steadily pushed prices higher.

Key Levels and Market Sentiment

The $2.38–$2.51 range dominated XRP’s 24-hour movement, showing tight consolidation ahead of a potential breakout. Technical indicators point to growing bullish pressure as the token approaches key resistance near $2.55. A decisive close above this level could open the path toward the $3.00 zone, while support remains firm at $2.30.

_{7-day price chart Source: CoinMarketCap}

On a historical scale, XRP is still 34.98% below its all-time high of $3.84, recorded in January 2018. However, compared to its all-time low of $0.0028 in 2014, the token has soared an astounding 89,035%, highlighting its long-term resilience.

Related article: Why 1,000 XRP Could Define the Next Wave of Crypto Wealth

With a strong 7-day performance and rising trading interest, XRP appears poised for further upside if momentum continues. Investors are watching whether Ripple can sustain its push above $2.50 to challenge long-term resistance levels. A break could signal the beginning of a larger rally fueled by renewed market optimism and institutional confidence in XRP’s payment technology.

If current trends hold, XRP’s bullish momentum may strengthen as October progresses, positioning Ripple for a potentially stronger month ahead.

XRP Holds Firm Above Key Support as Weekly Momentum Builds

The 7-day chart shows XRP trending upward with multiple consolidation phases followed by strong rallies. After dipping slightly early in the week, XRP found support near $2.27 and maintained a gradual climb. The coin hit a weekly high of $2.51, just shy of the $2.55 resistance level. This pattern indicates growing investor confidence and renewed accumulation.

Related article: Ripple Breaks $2.60: XRP Bulls Regain Control After 3.6% Surge

Ripple’s market capitalization now stands at $149.47 billion, representing a 4.35% increase over the week. Daily trading volume also edged up by 1.46% to $3.95 billion, reinforcing that demand for XRP remains solid even as the broader crypto market fluctuates. The volume-to-market-cap ratio of 2.62% reflects moderate liquidity, suggesting steady, sustainable trading activity rather than excessive speculation.

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