XRP rallied back above $1.40 in early Asia due to a broader move in crypto markets, and resistance through resistance came with a strong rebound in volume tending to indicate real positioning and shifting focus to whether that level now holds in the event of any pullback.
News background
• Bitcoin rose during the same window, helping to lift broader risk sentiment in crypto markets.
• XRP has been trading in a tight range of $1.35 to $1.45, and the latest move marks another attempt to break out of that compression.
Price Action Summary
• XRP rose from $1.3840 to $1.4065, breaking through the resistance near $1.3990.
• The movement accelerated over the last hour, with the price rising cleanly to $1.40.
• The price now remains just above the breakout zone, consolidating near $1.4040-$1.4060.
Technical analysis
• The key change is the recovery of $1.40, which had limited recent bullish attempts.
• Volume expansion in the move confirms participation and not a low liquidity boost.
• The structure shows higher lows on the breakout, suggesting underlying supply strength.
• The wider range remains intact, but pressure toward directional movement is increasing.
What traders should keep in mind
• $1.40 is now the pivot. Staying above keeps the breakout intact.
• Between $1.41 and $1.42 is the next resistance zone that needs to be cleared to continue.
• A pullback below $1.40 would indicate that the breakout failed and would return the price to the range.
