TL;DR:
- XRP broke through resistance levels at $1.14, $1.18, and $1.20 with the highest volume recorded since the beginning of June.
- The token has gained 11.5% in the last 24 hours, with volume surging 176% to exceed $2.4 billion.
- XRP’s market cap reached $78.4 billion. Traders are watching the resistance zone between $1.27 and $1.30.
XRP posted its largest resistance breakout since the beginning of June by consecutively clearing the $1.14, $1.18, and $1.20 levels in a single session, driven by volume that climbed 176% above typical levels. The token is currently trading around $1.26 and has gained 11.5% in the last 24 hours, with a market cap that rose to $78.4 billion.
The rally was backed by on-chain activity. Upbit, South Korea’s leading exchange, accounted for 31% of XRP wallet flows, up from 13% recorded just one week earlier. That acceleration in demand from the Asian market coincided with steady capital inflows into ETFs tied to the token, which have accumulated a net investment of approximately $1.4 billion since their launch.
From a technical standpoint, the breakout was supported by genuine volume: trading activity came in close to 22% above the weekly average. The breakout candle recorded the highest buyer participation in weeks. Several analysts pointed to bullish divergences in the RSI after the price held support in the $1.05–$1.09 zone and formed higher lows while momentum stabilized.
Asia and ETFs Drive Structural Demand for XRP
The medium-term downtrend remains visible on higher timeframes, but this is the first time since the correction began that buyers have pushed the price through resistance levels rather than simply defending them.
The $1.20 level now becomes the first support that bulls must hold to maintain the breakout structure. The next resistance zone sits between $1.27 and $1.30, where multiple Fibonacci references and key historical levels converge. A break above that area would open the door toward the $1.35–$1.40 range and potentially toward a trend reversal.
If XRP’s price falls below $1.18 and loses momentum quickly, the market will likely interpret the move as a bounce from oversold territory rather than the start of a sustained recovery.
