XRP Builds Support Above $1 as Bulls Target $1.10 Breakout

XRP formed higher lows and defended support near $1.08 while buyers tested resistance above $1.10. Rising volume strengthened the short-term setup, but the token remained in consolidation without a sustained breakout.

XRP Builds Support Above $1 as Bulls Target $1.10 Breakout

What happened?

XRP formed higher lows and defended support near $1.08 while buyers tested resistance above $1.10. Rising volume strengthened the short-term setup, but the token remained in consolidation without a sustained breakout.

Why it matters

XRP strengthened its short-term market structure after last week’s sell-off, holding above $1 and repeatedly defending support around $1.08. The token advanced toward $1.10 before sellers halted the move near $1.1087.

XRP strengthened its short-term market structure after last week’s sell-off, holding above $1 and repeatedly defending support around $1.08. The token advanced toward $1.10 before sellers halted the move near $1.1087.

The price action matters because a sustained break above the $1.10–$1.12 area would confirm stronger momentum. Until then, XRP remains in consolidation despite establishing progressively higher lows at $1.0552, $1.0589 and $1.0799.

Trading volume rose 26.92% above its seven-day average, indicating greater participation during the advance. The largest burst came at 13:00 UTC, when volume reached 117.5 million XRP, roughly 142% above the 24-hour average.

Network and sentiment indicators also improved. Daily wallet creation reached 4,941 addresses, the highest single-day increase in 14 weeks, while positive social comments outnumbered bearish ones by 3.7 to 1. Ripple’s scheduled unlock of 1 billion XRP from escrow did not produce a meaningful price shock.

For the immediate setup, $1.08 remains the main support level, followed by $1.0611 if that floor fails. Resistance sits between $1.10 and $1.1087, with the $1.12–$1.13 area becoming relevant only if buyers secure a clean move above the current ceiling.

Source: CoinDesk

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