CoinDesk
XRP climbed above $1.18 on Tuesday, extending a rebound from recent lows on the strongest buying activity since the sell-off began. The token pushed through the $1.14-$1.15 resistance zone — a level that capped every rally attempt during the recent decline — on volume that peaked at 107.6 million XRP in a single hourly session, more than four times the daily average. Price briefly tagged $1.1928 before consolidating above $1.18, with traders now focused on whether the move can carry into the $1.20-$1.30 resistance band.
Why it matters
The reclaim of $1.14-$1.15 is the structural story: that zone acted as resistance throughout the decline and has now flipped into support, and the volume behind the move suggests sustained participation rather than short-covering alone. XRP-linked ETFs have drawn roughly $1.4 billion in cumulative inflows since launch, with May the strongest month of institutional demand on record. Whale addresses holding significant XRP balances have climbed to an all-time high, and more than 25 million XRP left exchanges in a single recent stretch — both data points consistent with long-term holders adding exposure through the correction rather than distributing into the bounce.
Market impact
A bullish RSI divergence emerged while XRP was testing the $1.05 support floor, a pattern that historically flags trend exhaustion, and price is now printing higher lows and higher highs for the first time in weeks. The immediate hurdle is $1.20, a psychological level likely to invite profit-taking; above it, the $1.27-$1.30 zone converges several Fibonacci and trendline resistances that have capped prior rallies. The constructive case stays intact as long as XRP holds above $1.18 — a close back below $1.14 would reframe the move as another short-covering bounce and reopen the broader downtrend.
Frequently asked questions
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What level did XRP break to trigger the latest rally?
XRP reclaimed the $1.14-$1.15 zone, which had capped every rally attempt during the recent decline. A single hourly session saw 107.6 million XRP trade — more than four times the daily average — before price briefly tagged $1.1928 and consolidated above $1.18.
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How much have XRP-linked ETFs attracted in total?
XRP-linked ETFs have drawn roughly $1.4 billion in cumulative inflows since launch, with May the strongest month of institutional demand on record according to the source.
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What signals suggest XRP is building a base rather than just bouncing?
Three signals: the $1.14-$1.15 resistance flip into support, sustained 4x-average volume behind the breakout, and a bullish RSI divergence that emerged at the $1.05 floor. Price is also printing higher lows and higher highs for the first time in weeks.
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What are the key resistance and support levels traders are watching?
Immediate support sits at $1.18, with the more important $1.14-$1.15 zone below. Resistance begins at the $1.20 psychological level, with the $1.27-$1.30 zone above it where several Fibonacci and trendline levels converge.
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What would invalidate the bullish case for XRP?
A close back below $1.14 would weaken the constructive setup and reopen the broader downtrend, reframing the rally as another short-covering bounce rather than a genuine base-building phase.
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