XRP Price Jumps Sharply — Short-Term Momentum Builds Toward $2.64 Resistance Zone

• XRP has improved 9.56% in 24 hours to $2.61 and has been on a great recovery after falling 13.1% last week.
• The support is at $2.37, which confirms the confidence of the market in the short term when buyers take the lead.
• Resistance at $2.64 remains a key test, with trading volume at 74.468 million XRP, signaling active participation.

XRP was experiencing an acute intraday gain and upgraded 9.56 percent in the past 24 hours to buy around $2.61. The action followed a turbulent week in which the token declined 13.1 on a seven-day stretch. Although the price was declining previously, XRP seems to have gained momentum now, hitting an intraday high of $2.6206 and testing a minor resistance. The current recovery follows consistent short-term buying pressure seen across 15-minute intervals. This has positioned XRP as one of the few large-cap tokens showing positive price action during the recent market fluctuations.

Momentum Strengthens Above Short-Term Support

The token’s rebound began after testing a firm support level around $2.37. Since then, sustained demand has lifted the price back toward its previous resistance area. Notably, the recent push above $2.60 suggests renewed liquidity in XRP’s trading range.

According to the market data, the volume of XRP traded within 24 hours is 74.468 million which implies that more active traders are involved. The increasing activity highlights the importance of the $2.37 zone as a pivot point that is important in sustaining the rising trend.

Key Resistance and Short-Term Outlook

At the current price of $2.6156, XRP is below its set resistance mark of $2.64. The next catalyst can potentially be led by the way the token reacts near this level. Rejection could translate to an expected retest of the $2.37 support area, while momentum above $2.64 can guarantee its intraday rally. Notably, the 24-hour range of $2.3592 and $2.6206 suggests a narrow volatility band, which may likely drive the next market.

Market Behavior and Broader Implications

The rates of funding are stable at 0.0168 percent, which indicates a balanced leverage environment among derivatives traders. The intense green candles in the shorter periods however indicate the increased activity of buyers.

Every attempt to support the resistance of $2.64 proves that buyers are active despite the loss of the week. Therefore, the short-term trend of XRP will turn out to be based on the ability of bulls to retain the positions of more than $2.60, which will be one of the most important zones of price defining the market tone in the near future.