XRP kicked off the week in positive territory, lifting its market cap by just over 2% to roughly $193.7 billion. The move keeps the token comfortably above last week’s floor and within striking distance of this year’s highs, a zone that has repeatedly drawn out both profit-takers and breakout hunters.
The rally follows two quiet weeks of sideways trading after XRP’s sharp spring run, when valuations more than doubled in a matter of sessions. That pause is now showing signs of giving way to renewed momentum, supported by steady inflows and no major shake-ups in funding costs. Market chatter has also turned to whether larger holders are adding positions ahead of a potential push through the $200B mark.
XRP Market Cap Technical View:
- Current market cap: $193.71B
- Upside markers: $197.6B, then $205B
- Downside cushions: $188B, then $176B
The $188B area remains the short-term line in the sand for bulls. Staying above it keeps the door open for a test of $197.6B, where past rallies have stalled. A clean move through that ceiling would bring $205B into play. If sellers force a drop under $188B, attention could quickly shift to the $176B zone for support.
Outlook: Bulls Lean In, But Ceiling Still Overhead
Momentum is leaning their way, though buyers haven’t yet cleared the overhead supply that’s been capping rallies since July. The tone is constructive, volumes have picked up without tipping into overextension, but the real test will be whether XRP can punch through resistance before the week’s close. A failure here risks another round of range-bound trade, while a breakout could reignite the fast-paced moves that defined its first-half surge.
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