XRP 100% 24h Volume Surge Spurs Bullish Signal
XRP experienced the largest on-chain payment volume spike of 2025 on Sept. 1, with over 2.15 billion tokens moved – double the August daily average. This surge in network activity coincided with XRP breaking out of a symmetrical triangle and bouncing above its 100-day EMA at $2.70 to trade near $2.80. Key resistance levels to watch are $2.95 and $3.10, while support at $2.70 and the 200-day EMA of $2.50 remains critical. The sharp 100% volume surge underscores renewed on-chain demand and real payment use cases, potentially marking a bullish turning point. Traders should monitor sustained payment flows and technical metrics to gauge if XRP can maintain this momentum. If demand persists, XRP may enter a new volatile growth phase driven by adoption rather than speculation.
Bullish
XRP’s unprecedented 100% surge in 24-hour payment volume and its technical breakout suggest renewed on-chain demand and bullish momentum. Historically, similar spikes in network activity—such as ETH’s DeFi-driven volume surges—preceded strong price rallies. The rebound above the 100-day EMA and clear resistance at $2.95 and $3.10 indicate traders are buying on dips, reinforcing bullish sentiment in the short term. If on-chain payment flows remain elevated, XRP could sustain this rally, potentially moving beyond $3.30. In the long term, continued network adoption and real payment use cases could support higher valuations and reduced volatility, making this event a potential catalyst for lasting growth rather than a transient spike.