XRP Eyes Breakout Toward $2.65 as Bullish Momentum Builds; RLUSD Hits $500M Milestone

XRP is showing signs of strength above critical support at $2.34, with traders positioning for a breakout toward the $2.65 level in the coming weeks.

Such a move would test the top of a consolidation range that has held firm since December 2024, during which XRP has quietly accumulated strength—even as broader retail interest has cooled.

According to Arthur Azizov, founder of B2 Ventures, the token could be preparing to reach a new local high near $2.65 if it maintains support at current levels.

“XRP has been in accumulation for quite a long time, so the outlook remains positive,” Azizov said in a Thursday note to CoinDesk.
“A clean breakout from this range could send the token toward the $4 to $6 zone.”

That bullish outlook is shared by other technical analysts who highlight symmetrical triangle and bull flag patterns—classic signs of building upside pressure. These patterns support a potential retest of $2.60–$2.65, which, if broken, could serve as a launching point toward multi-year highs.

Momentum is also reflected in rising open interest in XRP derivatives, tightening volatility bands, and signs of whale accumulation, all of which suggest growing conviction among large holders and institutional traders.

Adding to the positive sentiment, Ripple’s U.S. dollar-backed stablecoin RLUSD crossed a major milestone this week, topping $500 million in market capitalization—less than eight months after launch.

The token now ranks among the top 20 stablecoins globally, supported by custodial services from BNY Mellon and live integrations with platforms such as Transak and OpenPayd.

As technical and fundamental indicators align, XRP bulls appear increasingly confident that a major move may be just around the corner.