XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45
Sharp move through resistance came with one of the biggest volume spikes in weeks, though profit-taking quickly emerged near session highs.
What to know:
- XRP broke above the long-standing $1.45 resistance on a sharp volume spike, signaling larger players driving the move rather than retail traders.
- The rally stalled near the psychological $1.50 level, where sellers stepped in and prompted profit-taking that pulled price back toward the breakout zone.
- Traders are watching $1.44 to $1.45 as key support and $1.50 as immediate resistance, with a clean break higher potentially opening a path toward $1.56 and even $1.80.
• Thin liquidity conditions across major exchanges added to expectations that any confirmed breakout could produce exaggerated moves in either direction.
Price Action Summary
• XRP climbed from $1.4176 to $1.4524 during the 24-hour session, trading within a 6.5% range.
• The breakout accelerated during the May 10 16:00–17:00 window, when volume surged above 169M and pushed price through $1.4450.
• XRP later reached a session high of $1.5073 before pulling back toward the $1.45 area as traders locked in profits.
