XRP climbs 4% above $1.18 as traders test next resistance zone
XRP extended its rebound from recent lows on the strongest buying activity in weeks, with institutional flows and ETF demand supporting a push toward the $1.20 level.
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Summary
- XRP has broken back above key resistance at $1.14 to $1.15 on its strongest volume since the recent sell-off, suggesting the token is starting to build a base rather than stage a brief rebound.
- Institutional interest and large-holder accumulation remain robust, with XRP-linked ETFs drawing about $1.4 billion in inflows and whale addresses climbing to record highs despite broader market weakness.
- Traders are watching support at $1.18 and $1.14 to $1.15 and resistance near $1.20 and $1.27 to $1.30, levels that will help determine whether the emerging uptrend can extend or proves to be another short-covering bounce.
