XRP Surges to 7-Week High Amid Signs of Continued Momentum

The altcoin market has shown renewed strength, with many tokens gaining up to 5% over the past 24 hours. One of the standout performers is XRP, which surged to $2.4 — a level it hasn't seen since late May.

This upward move appears to be driven by increased accumulation from large holders, suggesting growing confidence in the asset's longer-term potential. When big investors add to their positions, it often encourages retail traders to follow, potentially fueling further price growth.

XRP has now climbed nearly 4% in a single day and over 25% since its late June low of $1.9. This strong recovery follows a period of volatility driven by global tensions, but the momentum has clearly shifted.

A break above the $2.38 resistance level has opened the door for a possible push toward $2.60 — a move some see as likely if current buying interest continues. With market sentiment improving and technical levels being reclaimed, XRP remains one of the top-performing assets this week.