XRP surged 2.5% to outperform both bitcoin and ether after finally punching through the $1.45 resistance level that had capped the rally for weeks. The breakout was driven by a sharp volume spike — topping 169M during the May 10 16:00–17:00 UTC window — pointing to larger institutional positioning rather than retail chasing. Price climbed from $1.4176 to a session high of $1.5073 before profit-taking pulled it back toward the breakout zone.
The technical setup had been building for days, with analysts flagging bull flag and triangle formations compressing beneath resistance. Thin liquidity across major exchanges amplified the move in both directions, explaining the quick stall near the psychological $1.50 level where sellers stepped back in.
Despite the pullback, XRP is still holding above the prior breakout zone, keeping the bullish structure intact. Traders are now watching…
CoinDesk