XRP has made a major splash in the crypto market. For the first time since March, this digital asset overtook Tether (USDT) to claim a spot among the world's top three largest cryptocurrencies by market capitalization.
🚀 UPDATE: $XRP flips $USDT to become the third-largest cryptocurrency by market cap.
— Cointelegraph (@Cointelegraph) May 12, 2025
Though it has since slipped back to fourth place, technical signals suggest significant upside potential: a $5 price target is increasingly realistic.
The token surged past $2.61, its highest level since March 6, marking the end of a prolonged bearish divergence that had weighed on XRP's price chart for months.
As of May 13, 2025, at 11:00 AM UTC+7, XRP trades at $2.43**, up **1.47% in the last 24 hours**, per CoinMarketCap data. Trading volume spiked dramatically to **$10.96 billion, reflecting heightened market interest.
With volume nearly doubling, analysts interpret this as a sign of aggressive XRP accumulation. The surge has not only fueled buy-side momentum but also shifted the technical structure toward a more bullish outlook. Many view this as the early phase of a potential mid-to-long-term uptrend.
3-Day RSI Breaks Key Level: Strong Bullish Signal?
The 3-day Relative Strength Index (RSI) has drawn particular attention. Currently, the RSI shows higher levels compared to previous consolidation phases—indicating growing buy-side dominance. This reinforces the likelihood of an imminent XRP breakout.
Additionally, the bearish divergence that constrained growth earlier this year appears to be fading. XRP now has room to rally without major technical overhead resistance.
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Critical Levels: Breakout or Rejection?
Technically, XRP is testing a key resistance zone between $2.45–$2.46. A daily close above this range could trigger a rapid ascent toward $2.58–$2.59, followed by short-term targets at:
- $2.77
- $2.95
- $3.15
- $3.30
These levels may serve as profit-taking zones or confirmations of a new bullish phase.
Is $5 the Next Target? Analysts Weigh In
Several analysts now highlight XRP’s potential to reach $5, citing strengthening technicals. With RSI trending upward, selling pressure easing, and market confidence rising, this target is increasingly plausible.
However, sustaining support at current levels is critical. A breakdown could derail momentum, while consolidation above resistance may pave the way for higher prices.
Conclusion
XRP has proven its ability to overtake stablecoins like Tether during pivotal moments. Its surge to $2.61 and robust technical signals position it as a prime candidate for near-term acceleration.
Yet, crypto markets remain volatile. Traders and investors should prioritize timing and strategy to capitalize on XRP’s momentum while mitigating risks.
FAQ
- Why did XRP briefly surpass Tether?
XRP’s price spike to $2.61 temporarily boosted its market cap above USDT’s. - Can XRP hit $5?
Analysts believe $5 is achievable if XRP maintains key support and breaks resistance levels. - What’s the strongest technical signal now?
The 3-day RSI breaking prior levels suggests a new bullish momentum. - When did XRP last trade above $2.60?
On March 6, before a prolonged correction phase.
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Related Topics: #CryptoNews, #Altcoins, #XRPAnalysis, #MarketTrends
Disclaimer: Cryptocurrency trading carries risks. Conduct independent research (DYOR) before investing.