Analyst Is Certain That XRP Is Going to the Next Level. Here’s Why

Cryptocurrency markets often reveal their next major moves through subtle but decisive signals long before the broader public notices. Surges in trading volume, regional market activity, and technical momentum often precede price breakthroughs, highlighting where investor conviction is building. XRP now appears to be entering such a pivotal phase, as key indicators point to a potential acceleration in both demand and price.

In a recent post on X, crypto analyst Chad Steingraber highlighted XRP’s emerging bullish setup, drawing attention to both price movement and trading activity. He noted that XRP recently surged to $2.17 on Binance perpetual futures, marking a 5.78% gain within 24 hours and backed by $1.45 billion in global trading volume.

Steingraber emphasized that these metrics reflect renewed market confidence following years of regulatory uncertainty, positioning XRP for a potential structural advance.

Trading Volume Reflects Strong Market Conviction

Steingraber’s analysis underscores exceptionally high trading activity as a key indicator of bullish sentiment. Notably, South Korea’s Upbit exchange accounted for $87.75 million in XRP volume, representing over 20% of global spot trades. Concentrated regional activity often signals robust local demand, which can act as a catalyst for wider market momentum.

High trading volume also attracts follow-on activity from institutional and retail traders. When significant liquidity flows into an asset, momentum strategies frequently amplify the move, creating self-reinforcing price trends that sustain upward trajectory.

Regional Market Dynamics Drive Momentum

XRP’s performance in South Korea highlights the role regional markets play in shaping global price trends. South Korean investors have historically led trading surges during critical crypto cycles, often triggering cascades in other markets.

Upbit’s dominance in XRP trading demonstrates that this renewed momentum is underpinned not only by technical factors but also by concentrated regional demand.

Regulatory Clarity Supports Growth

Beyond market activity, XRP benefits from resolving regulatory uncertainty. Years of legal challenges previously suppressed confidence, but as these hurdles diminish, investor conviction strengthens. Combined with active trading and regional adoption, regulatory clarity creates a strong foundation for sustainable growth.

Toward the Next Level

Steingraber’s observations suggest that XRP is entering a decisive phase where technical structure, trading volume, and regional participation converge. The asset’s strong liquidity and supportive market dynamics indicate that it could surpass prior consolidation levels, potentially triggering a broader upward move.

If momentum continues, XRP may capture renewed attention from global investors, driving it to the next level and solidifying its position as a leading crypto asset.