XRP is regaining bullish momentum following a period of volatility and strategic liquidity moves. After a recent price sweep, the asset is showing signs of building strength for a breakout. Trading at $2,47 with a daily volume of $5,50 billion, XRP’s market cap has reached $142,87 billion—an impressive reflection of revived investor interest.

SEC Clarity and Institutional Adoption Shift the Narrative

The resolution of the long-standing legal standoff between Ripple and the SEC has removed a major overhang. With regulatory uncertainty largely behind, sentiment has turned markedly more optimistic. A pivotal development fueling this outlook is XRP’s addition to the U.S. Digital Asset Reserve, signaling institutional validation and potential alignment with mainstream financial infrastructure.

This momentum is amplified by broader market trends. Bitcoin’s ongoing rally continues to drive capital into altcoins, and XRP appears poised to benefit from this rotation. Attention is also turning to possible ETF approvals and rising blockchain integration, which could act as long-term growth levers.

XRP Price Action Targets $3,40

Technical analysts see a bullish structure forming above the $2,60 mark, with $2,9990 and $3,40 acting as immediate resistance zones. A breakout beyond these levels could trigger the next leg higher. Notably, the $2.2220 zone has emerged as a strong bullish order block, offering a foundation for strategic accumulation.

With a favorable regulatory backdrop, rising institutional interest, and supportive technical patterns, XRP is well-positioned to test its next major resistance. Whether it can decisively break above $3,40 will likely define the strength of this emerging rally.

A few days earlier, XRP faced a flash crash followed by a bullish rebound