XRP Gains 3% Amid Geopolitical Uncertainty, Strengthening Its Role in Cross-Border Payments
On June 3, 2025, XRP surged 3% over the last 24 hours, rising from $2.157 to $2.222 despite ongoing market volatility fueled by geopolitical tensions. The token’s rally was supported by robust technical momentum and a surge in on-chain activity, with over 500 million XRP tokens traded in a single day.
Background Context
Increasing trade disputes between major global economies have heightened market uncertainty, putting traditional cross-border payment systems under pressure. Against this backdrop, XRP’s ability to offer fast and cost-efficient international transfers has drawn renewed attention from both retail and institutional investors as a viable alternative settlement solution.
Adding to this momentum, Ripple’s RLUSD stablecoin recently secured regulatory approval from Dubai’s financial regulator, allowing its use within the Dubai International Financial Centre — a development that could further enhance XRP’s ecosystem and adoption.
Price and Technical Developments
According to CoinDesk’s AI-powered technical analysis, XRP’s price chart reveals a clear uptrend characterized by higher lows and higher highs throughout the session. The token broke a critical resistance level at $2.190 during a volume surge exceeding 55 million tokens traded around 22:00 UTC, signaling renewed buying interest.
Support has formed in the $2.192 to $2.195 range, with a recent pullback to $2.194 serving as a healthy consolidation following a test of the $2.225 resistance level. In the final hour of trading, XRP climbed 1.58%, moving from $2.194 to $2.199, accompanied by a volume spike of over 5 million tokens at 08:01 UTC — nearly ten times the average hourly volume.
The technical outlook remains bullish, with consecutive green candles and rising volume indicating momentum that may push XRP toward the $2.225 resistance mark.
Summary of Technical Highlights
- XRP gained 3% in 24 hours, climbing from $2.157 to $2.222.
- Price action shows a consistent uptrend, breaking through resistance at $2.190 on high volume.
- Strong support established between $2.192 and $2.195, with healthy consolidation after testing $2.225.
- Significant price jump late in the session from $2.194 to $2.199, on volume nearly 10x above average.
- Ongoing bullish signals with rising volume and consecutive upward price moves.
As global economic uncertainties persist, XRP’s growing transaction volume and efficiency in cross-border payments highlight its increasingly important role in the evolving financial landscape.
