XRP Price Forecast: Bullish Run Sparks Hopes of $2.5 Breakout

Compared to last week, the XRP price has made a strong comeback amid geopolitics and a trade war. Starting from a local low of $1.6, it surged to a high of $2.2. As of writing, it was trading around $2.15, reflecting a 12.65% weekly growth.

This upward movement isn’t just a random spike. It’s backed by real momentum in the market. The daily price charts also reflect a similar growth trend, making XRP one of the standout performers in the crypto space recently.

Volume and Open Interest Point to Bullish Activity

One of the key factors fueling this rise is the increase in trading activity. In the last few days, XRP’s volume jumped by 42.18%, reaching $10.12 billion.

Even more notable is the surge in options volume, which spiked by 204% to $3.49k. At the same time, the Open Interest in XRP options rose by 87.5%, standing at $486.6k.

These numbers suggest that more traders are entering the market, many of them betting on a further increase in XRP price.

Analyst Predicts Breakout Toward $2.4

Well-known crypto analyst, Ali Martinez, believes there’s room for XRP to go higher. According to him, XRP is currently trading inside an ascending triangle, a bullish technical pattern.

This setup usually signals that buyers are gradually taking control. Martinez points out a key resistance level at $2.22. If XRP manages to break above it, we could see the price aiming for $2.40 in the short term.

Buy Pressure Remains Strong on DEX

One clear sign of bullish sentiment comes from the decentralized exchanges (DEX). Currently, the buy-sell ratio sits at 1.5, meaning that for every sell order, there are 1.5 buy orders.

This ratio tells us that buyers outnumber sellers, and more buy orders are being filled in the market. That continued buying pressure is a strong support for the XRP price, helping it stay stable or even push higher.

Holding Behavior and Positive Funding Rates Support Gains

Looking at investor behavior, the Exchange Supply Ratio for XRP has fallen to 0.02743. This means fewer XRP tokens are being sent to exchanges, which usually means less selling pressure.

Meanwhile, the funding rate has remained positive for five days. That shows traders are paying to hold long positions, another bullish signal.

All these signs,  buying pressure, reduced selling, and strong interest from options traders, show that the market believes in XRP’s upward path.

Final Thoughts

Right now, the XRP Price is gaining strong momentum, increasing volume, and positive sentiment. If this continues, XRP could soon reclaim the $2.2 resistance. And if it breaks through, $2.4 might just be the next stop,  or even $2.5, if the bullish energy holds.

For now, all eyes are on whether XRP can maintain its pace and turn this short-term surge into a long-term rally.