XRP Rises 4% as Market Eyes Potential Reclaim of $1.10

Buyers defended a higher low in XRP, lifting the token toward nearby resistance, though a decisive move above $1.10 is still required to confirm sustained bullish momentum.

XRP is gradually building a higher base above the $1 level following last week’s pullback. During U.S. trading, the token moved higher while consistently holding $1.08 as support and briefly testing $1.10 before sellers capped the advance. The structure remains constructive but unfinished, with traders watching for confirmation of a breakout from consolidation.

News Background
• XRP wallet creation rose to 4,941 daily addresses, the strongest single-day increase in 14 weeks.
• Bullish sentiment reached a three-month high, with positive mentions outpacing negative ones by 3.7-to-1.
• Ripple completed its scheduled 1 billion XRP escrow unlock without notable price impact.
• XRP broadly tracked the wider crypto market, showing limited asset-specific divergence versus the CD5 index.

Price Action Summary
• XRP rose from $1.0611 to $1.0894, up 0.62% on the session.
• Higher lows formed at $1.0552, $1.0589, and $1.0799, signaling steady buyer support.
• Volume rose 26.92% above the seven-day average, indicating active participation.
• The strongest push came at 13:00 UTC, with volume reaching 117.5 million XRP, about 142% above average.
• Price failed at $1.1087 and then consolidated between $1.08 and $1.09 on reduced volume.

Technical Analysis
• The reclaim of $1.08 has established it as immediate support.
• The higher-low formation strengthens the short-term structure after prolonged consolidation near $1.
• Elevated volume during the rally suggests active buying interest rather than passive movement.
• Resistance at $1.1087 continues to cap upside attempts.
• A breakout above $1.10–$1.12 is needed to confirm trend continuation.

Key Levels to Watch
• $1.08 is immediate support.
• $1.0611 is next downside support if $1.08 breaks.
• $1.10–$1.1087 remains the key resistance zone.
• A move above $1.1087 opens $1.12–$1.13.
• Until then, XRP remains in a consolidation phase rather than a confirmed breakout.