XRP edges higher to $1.35 on breakout, but bullish momentum still lacks
Strong volume pushed price above $1.34, though weak fundamentals and overhead resistance continue to cap follow-through.
What to know:
- XRP is consolidating after a sharp, high-volume move from $1.33 to $1.35, but the lack of follow-through raises doubts about a durable trend shift.
- Modest XRP ETF inflows of $3.32 million and the absence of a clear fundamental catalyst suggest the rebound is being driven mainly by technical positioning.
- Traders are watching $1.34 as a key pivot, resistance at $1.36–$1.40 for a meaningful momentum shift, and support at $1.31–$1.32, below which the breakout would be considered failed.
