The XRP price has entered a volatile yet high-energy phase, following a massive $1.2 billion in trading volume from South Korea. This surge in activity helped XRP briefly test the $2.60 region before retracing to just above $2.48 at press time. As interest grows, traders are asking the big question: can Ripple break the psychological $3 barrier next?
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ToggleXRP Sees Korean Volume Explosion
According to data from FXLeaders and CoinMarketCap, South Korean exchanges like Upbit and Bithumb saw an enormous influx of volume into XRP, pushing daily trading activity to over $1.2 billion on May 15. This coincided with a broader push in the altcoin market, with XRP becoming the most traded asset on Korean platforms for the day.
This kind of regional inflow is often a double-edged sword — while it can drive rapid price spikes, it may also lead to heightened volatility and swift corrections.
Technical Analysis: Can XRP Price Hold the $2.50 Support?
On the technical front, XRP is currently hovering around $2.48, slightly below its local peak of $2.60. The $2.50 level, which previously acted as a key resistance zone, is now the critical support to watch.
Source: Tradingview
Recent candlestick patterns suggest a possible bull flag formation, but momentum indicators like RSI are flattening, hinting at cooling pressure. If XRP fails to hold above $2.45, a dip toward the $2.30–$2.20 range is possible.
Conversely, if bulls regain strength, a clean break above $2.60 could open the door to $2.85, with $3.00 as the major psychological resistance.
Network Growth and Liquidations Add Complexity
According to CryptoQuant, XRP’s on-chain activity has been lagging behind price action. Active wallet growth remains muted, and a spike in long liquidations suggests that speculative interest may be overstretching fundamentals.
Source: CryptoQuant
This divergence between price and network usage could cap upside momentum in the short term, especially if global risk sentiment remains fragile.
Final Thoughts: XRP at a Crossroads
XRP’s price prediction in the near term depends on how the market digests the Korean volume burst. If real adoption and broader global demand follow, the $3 breakout could materialize quickly. However, if it’s driven purely by short-term speculation, a correction might be on the horizon.
Still, with the Ripple vs SEC case likely nearing resolution and ETF speculation resurfacing, XRP remains one of the most watched altcoins in the 2025 cycle.