XRP breaks resistance amid 200% trading volume jump

• XRP (CRYPTO:XRP) surpassed the key US$1.14 resistance level in recent trading sessions, marking a significant technical milestone after weeks of being capped below that threshold.
• Market analyst Vlad Anderson attributed the breakout to robust buying demand rather than short-term speculative activity, suggesting a meaningful shift in the asset's market structure.
• Trading volume climbed to approximately 82 million XRP during the breakout, representing more than double the daily average, which pushed the price to a high of US$1.158.

Sellers subsequently entered the market, pulling XRP (CRYPTO:XRP) back towards US$1.145, before the asset slid as low as US$1.12 according to CoinCodex data.

"The move above US$1.14 was driven by strong buying, so the recent pullback could be seen as a test of the new support zone,"

Anderson said.

Anderson characterised the pullback as a healthy retest rather than a negative development, noting that former resistance levels frequently act as support following a confirmed breakout.

The US$1.14 to US$1.145 range has been identified as the primary support zone to monitor, with a recovery of this area indicating that buyers have regained control.

The next critical upside threshold is US$1.155, with the strongest resistance band located between US$1.17 and US$1.20, a clear break above which could confirm a broader bullish trend.

Spot XRP (CRYPTO:XRP) exchange-traded funds recorded net inflows for nine consecutive weeks, with an additional US$17.2 million in inflows noted in the most recent period despite a cautious broader market environment.

Total tokenised real-world assets held on the XRP Ledger have surpassed US$4 billion, reflecting expanding institutional use of the network for cross-border payments and asset transfers.

The combination of improving technical structure, sustained institutional ETF inflows, and growing XRP Ledger usage is seen as placing XRP (CRYPTO:XRP) at a decisive juncture in the near term.

At the time of reporting, XRP price was $1.13.