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XRP rises 2% after clearing $1.10 resistance on heavy volume
XRP broke above its recent range, then held near session highs, with $1.10 now treated as key support.
XRP jumped about 2% after clearing resistance around $1.10, following a late-session surge in trading volume, according to CoinDesk. Instead of retracing, the token held near its session highs after pushing through the level.
CoinDesk said traders are now watching whether $1.10 can hold as support, with $1.0880 identified as the next downside level. Near-term resistance is pegged at a range between $1.1065 and $1.13 if momentum continues.
The article attributed the breakout to technical levels backed by volume, noting XRP spent much of the session grinding within a tight range before buyers forced the move. It also cited higher-volume activity around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average.
CoinDesk added that analysts remain split on the larger setup, with some looking toward upside targets near $1.19 to $1.23, while others warn that a drop below $1.09 could reopen a deeper pullback. The report also pointed to recent consolidation above $1.08 as traders monitor for a stronger push toward $1.13.
Latest closeXRP $1.335 ▼2.2%