"XRP Soars: 33 Million USD Traded in Just 1 Minute, Price Hits 3.03 USD"

In a surprising turn of events, XRP has recorded a surge in trading volume, with over 33 million dollars traded in just one minute across global exchanges. This data has been flagged by the reputable cryptocurrency analyst Xaif on X, indicating a liquidity event that seems to be closely coordinated. Although XRP has witnessed significant trading spikes in the past, this latest price increase stands out due to its speed and scale, immediately attracting attention from the broader cryptocurrency community. Price Reaction: XRP Soars to 3.03 USD The trading volume saw a strong increase in the context of XRP's significant price surge. On August 4, 2025, XRP rose nearly 6%, from around $2.83 to a daily high of $3.03, before stabilizing at nearly $3.00. This price volatility coincided with a simultaneous explosion in trading volume, surpassing 110 million XRP, more than double the recent daily average of this cryptocurrency. Meanwhile, there has been significant trading of XRP in the spot market today, equivalent to over 423 million US dollars in USDT. The correlation between the surge in trading volume and the increase in price volatility indicates strong buying pressure, possibly due to institutional investors reacting to technical breakout levels.

Technical Momentum and Market Structure Technically, XRP has shown strong bullish signals throughout the trading session. This cryptocurrency successfully surpassed several resistance levels at $2.87, $2.92, and $2.97 before hitting the resistance level at $3.03. This barrier triggered modest profit-taking, but the price action remains solid near the local high, indicating sustained market confidence. Momentum indicators reinforce the bullish structure. The RSI index ( surged past the 93 mark, moving deep into the overbought zone, while the short-term ) EMA moving averages still maintain an upward trend. Despite these overly hot signals, XRP's price stability indicates that demand is being driven by confidence rather than hype. Organizational Activities and Strategic Positioning Institutional traders are playing a crucial role in today's price surge. Over 14 million USD in leveraged long positions have been opened across major exchanges, indicating widespread confidence in XRP's short-term trajectory. This comes after a broader macro trend of increasing interest in XRP, especially as traders anticipate potential legal developments and easing geopolitical risks. The mention by Xaif of a surge of 33 million dollars per minute reflects a similar event last month when XRP experienced a spike of 29 million dollars, a clear indicator of the strategic accumulation activity by whales and high-frequency trading bots. Looking Ahead: Can XRP Rise Higher? The important level to watch in the coming days remains at $3.03. A strong breakout above this resistance level could open the door to higher targets in the range of $3.10–$3.20. On the downside, the support level is currently being established around $2.97 and $2.92. Stable trading volume and upward momentum will be necessary to push XRP past its recent highs and towards re-testing historical peaks near $3.60. Currently, the surge in trading volume of 33 million dollars according to a report from Xaif is an important signal in the current market cycle of XRP. It not only reflects strong short-term interest but also indicates the potential for long-term positioning changes among large investors. As XRP fluctuates around the key threshold of 3.00 dollars, both traders and analysts are closely monitoring the next decisive move.