XRP Rally Continues 3% as Price Action Retests $1.14 Breakout Level

Strong volume pushed XRP above a key resistance level, but the rally lost momentum near $1.16 as sellers stepped in, turning the move into a test of whether the breakout zone can hold as support.

XRP broke through the $1.14 level that had repeatedly capped upside attempts, but the advance stalled before reaching the next major resistance band. Buyers lifted the token to around $1.158 on elevated volume before profit-taking pulled it back toward $1.146, shifting the session into a classic breakout retest.

News Background

• XRP spot ETFs recorded a ninth straight week of inflows, totaling $17.19 million despite broader market uncertainty.
• The CLARITY Act missed its expected timeline after the Senate adjourned without a floor vote, delaying regulatory progress.
• Santiment data shows XRP’s 30-day MVRV near -45% and 365-day MVRV around -47%, indicating most holders remain deeply underwater.
• Analysts continue to point to improving technical signals, including a 4-hour trend break, bullish divergence, and an Elliott Wave setup.

Price Action Summary

• XRP rose from $1.1344 to $1.1454 over 24 hours, gaining 2.87%.
• A breakout occurred at 22:00 UTC on July 5, with volume surging to 81.89 million XRP, about 207% above average.
• The move carried price from $1.1356 to $1.1594 within two hours, clearing resistance near $1.1400.
• Sellers later re-emerged near $1.158, pushing XRP back toward $1.146 and briefly breaking the $1.150 level.

Technical Outlook

• The breakout above $1.1400 on strong volume now turns that zone into near-term support.
• Rejection near $1.158 shows resistance remains active ahead of $1.17–$1.20.
• On the 60-minute chart, failure to reclaim $1.155 has tightened trading into a $1.145–$1.151 range.
• The broader structure remains constructive as long as XRP holds above $1.14.
• A break below $1.145 would weaken momentum and expose $1.142 and $1.133.

Key Levels to Watch

• Support: $1.140–$1.145
• Resistance: $1.155, then $1.17–$1.20
• Upside trigger: A breakout above $1.20 opens $1.29–$1.30
• Until $1.155 and $1.17 are reclaimed, XRP remains in a breakout retest phase rather than a confirmed uptrend.