XRP is still trying to turn last week’s rebound into a cleaner breakout, but the move is struggling for follow-through. Buyers stepped in after a sharp drop toward $1.11 and drove the token back toward resistance, yet XRP failed to hold above the levels needed to confirm momentum. That leaves traders watching whether $1.13-$1.14 becomes support, or another ceiling.
• XRP spot ETFs recorded a ninth consecutive week of net inflows, adding $17.19 million despite broader regulatory uncertainty.
• The CLARITY Act faced delays after a scheduled Senate vote was canceled before the congressional recess, removing a near-term catalyst for digital assets.
• Analysts continue to watch XRP’s long-term descending trendline, with the $1.14-$1.18 zone seen as the next area bulls need to clear.
• Several technical analysts pointed to improving structures, including bullish divergence from the $1.02 lows and a potential Elliott Wave advance, but those setups still require confirmation above resistance.
• XRP traded near $1.1238 during the 24-hour session, holding above the $1.11 area after a volatile swing lower.
• The token underperformed CD5 by 143 basis points, showing the move was not strongly asset-specific.
• Volume ran 16.19% above the seven-day average, enough to show participation but not enough to confirm a clean breakout.
• The sharpest activity came near the session low around $1.1110, when volume reached 106.5 million XRP, about 129% above the 24-hour average.
• Buyers later pushed XRP toward $1.1507, but the move failed to hold near the upper end of the range.
• The key development is that XRP defended the $1.11 area, but failed to turn the rebound into a sustained move above $1.13-$1.14.
• The earlier breakout above $1.08 remains intact, but the next leg higher needs stronger volume through resistance.
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