XRP spent most of the session grinding inside a tight range before buyers finally forced the move above $1.10. The token pushed through resistance on a late volume spike, hit $1.1065 and then held near the highs rather than giving back the move. That turns $1.10 into the level traders now need to see defended.
• XRP continued to attract attention from analysts tracking steady fund inflows even as bitcoin and ether products saw outflows in some markets.
• The token has spent recent sessions consolidating above $1.08, with traders watching whether that base can support a stronger move toward $1.13.
• Analysts remain split on the larger setup, with some pointing to Elliott Wave targets near $1.19-$1.23 and others warning that a failure to hold $1.09 could reopen downside toward lower support zones.
• Ripple’s expanding European regulatory footprint remains a longer-term support for institutional interest, though the session’s move was driven mainly by technical levels and volume.
• XRP rose from $1.0827 to $1.1026 during the 24-hour session, gaining 1.8%.
• The token established higher lows through the session as buyers defended pullbacks near $1.0880.
• The main breakout came around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average.
• The move carried XRP to an intraday high of $1.1065 before price stabilized near $1.1020-$1.1040.
• A later 60-minute spike reached 14.17 million in volume, pushing XRP from $1.0958 to $1.1052 before profit-taking slowed the move.
• The key development is that XRP cleared the $1.0950-$1.1000 area after several sessions of range-bound trading.
• The breakout was supported by volume, which gives the move more weight than the earlier low-volume attempts above resistance.
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