XRP rises 2.5%, leading major cryptocurrencies with a move above $1.45.
XRP broke above the key $1.45 resistance level in a swift, high-volume move, marking a decisive shift after weeks of capped upside. The breakout was accompanied by a sharp spike in trading activity, pointing to strong participation, although momentum began to stall as price approached the $1.50 psychological barrier.
In the lead-up to the move, XRP had been consolidating within a tightening range, with traders anticipating a breakout as bullish patterns such as flags and triangles formed beneath resistance. Thin liquidity conditions across major exchanges further amplified expectations that any confirmed move could trigger an outsized reaction.
Over the 24-hour period, XRP advanced from $1.4176 to $1.4524, trading within a 6.5% range. The breakout gained traction during the May 10 16:00–17:00 window, when volume surged beyond 169 million and pushed the price through $1.4450.
Following the breakout, XRP extended its rally to a session high of $1.5073 before retreating back toward the $1.45 level as traders took profits. The rejection near $1.50 signaled renewed selling pressure, cooling the rally in the short term.
Despite the pullback, XRP continues to hold above its former resistance zone, suggesting the broader bullish structure remains intact. The $1.44–$1.45 range has now turned into a critical support area, and maintaining this level will be key to sustaining the breakout.
Looking ahead, $1.50 stands as the immediate resistance after the recent rejection. A sustained move above this level could reignite upward momentum toward $1.56 and potentially extend gains toward the $1.80 region highlighted by analysts.
On the downside, a break below $1.44 would weaken the current setup and increase the risk of a deeper pullback toward the $1.38–$1.40 range.
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