XRP Surges Above $3 on Technical Breakout and New Partnerships

Lead: XRP jumped above the $3 mark on September 13, 2025, after a decisive technical breakout, bolstered by fresh European custody partnerships and renewed investor optimism over regulatory clarity.
Nut Graf: The rally, which saw XRP trading as high as $3.14 today, underscores growing institutional interest and follows confirmation of custody services with major banks in Europe. The movement reaffirms XRP’s role as a leading digital asset amid evolving market dynamics.
Price Surge and Technical Breakout
- XRP climbed over 3% to a 24-hour high of $3.14, reclaiming the $3.00 level that had acted as strong resistance for weeks.
- Technical indicators show a clear breakout above the downward trendline, with key EMAs converging between $2.94 and $2.99 now serving as support.
- Analysts point to next resistance levels at $3.10 and $3.25, with a potential rally toward $3.50 if momentum holds.
European Custody Partnerships
- Ripple announced new custody services for XRP with BBVA in Spain, marking expanded institutional access across Europe.
- These agreements aim to strengthen XRP’s liquidity and facilitate compliant custody solutions for banks and asset managers.
Market Activity and Capital Flows
- Despite whale sell-offs totaling over $120 million in the past 24 hours, XRP maintained its upward trajectory, signaling robust underlying demand.
- XRP has reclaimed the third spot by market cap from competing stablecoins, with a valuation near $185 billion as trading volumes hovered around $5.5 billion today.
- Growing institutional inflows, including $14.7 million into XRP exchange-traded products last week, highlight sustained confidence in the token’s long-term potential.
What’s Next for XRP
- Traders will watch whether XRP can sustain above $3.00 into the weekend and hold support at $3.01.
- A confirmed breakout past $3.10 could pave the way for a push toward $3.30-$3.35 in the coming days.
- Broader market sentiment remains influenced by upcoming Federal Reserve announcements and continuing clarity on global crypto regulations.
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