XRP Surges 3% as Global Tensions Boost Cross-Border Payment Utility

XRP climbed 3% over the past 24 hours, defying broader market volatility as geopolitical tensions continue to rattle investors. The token rose from $2.157 to $2.222, driven by strong technical momentum and surging on-chain activity that saw over 500 million tokens transacted in a single day.

News Background

Price-Action
As per CoinDesk's AI-driven technical analysis, XRP’s price action has formed a clear uptrend, with higher lows and higher highs emerging throughout the session. The token broke through key resistance at $2.190 on significant volume spikes exceeding 55 million during the 22:00 hour, signaling renewed buying interest.

Support has formed around the $2.192-$2.195 range, while a recent pullback to $2.194 appears to be a healthy consolidation after testing the $2.225 level. In the final hour of trading, XRP surged 1.58% from $2.194 to $2.199, accompanied by a notable volume spike at 08:01 with over 5 million tokens changing hands — nearly 10 times the hourly average.

The technical picture remains bullish, with consecutive green candles and increasing volume suggesting momentum could carry XRP higher toward the $2.225 resistance level.

Technical Analysis Recap

As XRP navigates an uncertain macroeconomic landscape, its utility as a cross-border payment asset and increasing transaction volume underscore its role in the evolving global financial ecosystem.

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