What happened with XRP (CRYPTO:XRP) price and volume in the recent breakout?

XRP (CRYPTO:XRP) broke above the key US$1.14 resistance level after weeks of being capped below it. Trading volume surged to approximately 82 million XRP — more than double the daily average — pushing the price to a high of US$1.158. Sellers then pulled XRP back to US$1.145 before it slid as low as US$1.12 according to CoinCodex data.

Why does the US$1.14 level matter for XRP (CRYPTO:XRP) technically?

US$1.14 was a resistance level that had capped XRP (CRYPTO:XRP) for several weeks, meaning sellers consistently outweighed buyers at that price. Breaking above it on double the average volume is a technically significant event. In technical analysis, a former resistance level that is cleared tends to flip into a support zone — so US$1.14 to US$1.145 is now the primary level buyers need to defend.

Is the XRP (CRYPTO:XRP) pullback to US$1.12 a bad sign after the breakout?

Not necessarily, according to analyst Vlad Anderson. He characterised the pullback as a healthy retest of the newly established support zone rather than a sign the breakout has failed. Whether it becomes a negative development depends on whether buyers can hold the US$1.14 to US$1.145 range in subsequent sessions — a recovery there would suggest the breakout structure remains intact for XRP (CRYPTO:XRP).

What are the key price levels XRP (CRYPTO:XRP) traders should watch right now?

There are three key levels based on the analysis. Support: US$1.14 to US$1.145 — holding this confirms buyers are in control. Next target: US$1.155 — clearing this signals fresh upward momentum for XRP (CRYPTO:XRP). Strongest resistance: US$1.17 to US$1.20 — a clear break above this band could confirm a broader bullish trend; failure to break it may lead to sideways consolidation or renewed selling pressure.

What drove the 200%-plus volume surge in XRP (CRYPTO:XRP) during the breakout?

Market analyst Vlad Anderson attributed the breakout to robust structural buying demand rather than short-term speculative trading. That distinction matters because speculative volume tends to evaporate quickly, while demand-driven volume suggests genuine accumulation. The 82 million XRP traded during the breakout session being more than double the daily average supports the view that this was not purely a momentum-chasing move.

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XRP breaks resistance amid 200% trading volume jump

Written by Liezl GambePublished Jul 7, 2026, 1:11 PM

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.