XRP climbed 3% to around $1.14 as heavy volume pushed the asset past resistance, marking a move that caught the attention of traders watching the $6 crypto by market capitalization.
But the rally ran into a wall near $1.16, where sellers stepped in and stalled the advance. The critical question now: can that $1.14 level, which just broke out from resistance, flip into a floor that holds on any pullback? In technical terms, broken resistance often becomes support, yet the speed and force of selling near $1.16 suggests conviction to test it.
The setup hinges on whether buying interest returns to defend the new level. If it doesn't, traders will start watching lower zones to gauge the strength of the overall move. The volume that got XRP here matters—it showed traders weren't backing away—but volume alone doesn't guarantee a hold.