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XRP Surges 16% in a Single Day to $1.64: After Staying Quiet for So Long, It Finally Couldn’t Hold Back!
This move from XRP was genuinely somewhat sudden. Earlier, it had been grinding around the lows, while market attention was at one point stolen by BTC and ETH. Now it has suddenly surged 16% on heavy volume, reaching around $1.64, as if telling the market: “Don’t just watch the big brothers—I can run too!”
What’s even more interesting is that $1.64 was previously an important target area repeatedly mentioned in market analyses. Earlier technical views suggested that if XRP could hold $1.06 and break through key resistance again, it could gradually target $1.35 and $1.64 above.
So in my view, the biggest significance of this rise to $1.64 is not that it “rose another 16%,” but that the price has finally entered the previous zone packed with resistance.
The real test comes next.
If XRP can hold above $1.64 and trading volume continues to expand, $1.70, $1.80, and even $2 will re-enter the market’s field of vision; but if it quickly retreats after reaching $1.64, investors should beware of short-term profit-taking selling pressure.
My trading approach is not to chase the surge with a full position on the day it happens.
Those already holding positions may consider taking profits in batches; those without positions would be better off waiting for a pullback confirmation. If $1.50—$1.55 can form support, I will reassess the opportunity.
Of course, if BTC remains strong, XRP, as a high-beta asset, may continue to benefit from capital rotation.
My view: Bullish in the short to medium term, but $1.64 must withstand the market’s test.
In one sentence:
XRP has finally moved from the “benches” into the spotlight, but just because it has stood up doesn’t mean you should rush to make it run a marathon.
#XRP大涨16%