XRP Surges 11% Amid Geopolitical Tensions: Analysts Split on Next Move
XRP has been on a tear recently, surging 11% over the past 24 hours to reclaim the $2 mark. The rally comes after a turbulent weekend driven by U.S. and Israeli military activity in the Middle East, which briefly pushed the token below key psychological support. Now back above $2.17, XRP is testing fresh resistance levels with high-volume support holding at $1.97.
Geopolitical Tensions and Crypto Market Reactivity
Geopolitical tensions have gripped global markets, with crypto especially reactive to headlines involving Iran, Israel, and the U.S. XRP’s recent climb comes amid this volatility, showing relative strength despite the uncertain macro backdrop. Trading volumes surged as buyers stepped in at the $1.97 level, setting off a high-momentum breakout that topped out at $2.173.
Analyst Forecasts and Market Data
Some analysts now forecast a potential run toward $6 by the end of the month, though others warn a 25% correction to $1.55 remains possible. While sentiment is split, market data shows institutional players are still active. Futures open interest and volume are elevated, and on-chain flows suggest accumulation over distribution. The $2.13–$2.15 zone is now acting as immediate support, and the broader structure appears bullish if it holds.
Price Action and Technical Analysis
XRP climbed from $1.967 to $2.173 over the past day, posting a 10.5% range with bullish momentum concentrated in the late session. The decisive breakout came during the 22:00 hour with 217M volume – nearly 3x the average – establishing $2.06 as strong resistance. Buyers first stepped in at $1.97 around 17:00 with 130M in volume, setting the foundation for the surge. Price has since consolidated above $2.13, with $2.154–$2.156 emerging as a new support zone defended by bulls. In the last hour, XRP rose 1.2%, closing near highs after fending off a quick 1.7% pullback at 04:07. Volume peaked during upward movement (748K units), indicating likely accumulation rather than distribution.
Technical Analysis Recap
- 24-hour price range: $1.967 – $2.173 (10.5%)
- Strong support confirmed at $1.97 and $2.154
- Resistance zone formed at $2.06 and $2.173
- Volume spike (217M) drove breakout at 22:00
- Momentum remains intact above $2.13 with bullish consolidation
As geopolitical tensions continue to grip global markets, XRP’s recent surge shows that the cryptocurrency can hold its own even in uncertain times. With institutional players still active and on-chain flows indicating accumulation, XRP could continue to push higher in the coming days and weeks. However, investors should remain cautious and monitor the broader market trends closely to avoid potential corrections or volatility spikes.
The sudden surge of 10+ pct for XRP amidst escalating geopolitical tensions highlights its status as a controversial yet resilient asset, prompting analysts to navigate their next moves with cautious optimism spurred by uncertainty but balanced fears.
The 11% surge of XRP amidst geopolitical tensions raises questions about short-term volatility; while some analysts anticipate furtive movements, others caution against hasty investments pending a clear resolution.
The recent 10% surge in XRP, amid thecontrasting voices of analysts on its subsequent trajectory through geopolitical tensions underscores that volatility remains high and uncertainty lingers amidst this digital asset."
XRP’s 12% surge amidst escalating geopolitical tensions underscores the unpredictable nature of market sentiment, creating a stark divide between bullish optimism and bear-trap apprehension within analyst circles.
The 10% -plus surge in XRP during times of geopolitical unrest underscores the cryptocurrency's volatility amid unpredictable global dynamics, raising questions from analysts alike on whether this is a temporary spike or signifies an impending trend.
