• Volume increased during the breakout attempt, with CoinGecko showing 24-hour trading volume of about $1.27 billion.
• XRP held above the $1.08-$1.10 area through the session, keeping the short-term recovery structure intact.
Technical Analysis
• The key short-term level is $1.13. A sustained break above it would confirm the triangle breakout watched by traders and bring $1.35 into focus.
• The hourly structure has tightened into a symmetrical triangle, with price compressing between lower highs and higher lows before the latest push higher.
• The daily chart remains more cautious. XRP is still trading inside a descending channel, with the 100-day and 200-day moving averages above price and sloping lower.
• The $1.24-$1.28 area remains the bigger resistance zone because it lines up with the channel’s upper boundary and major moving averages.
• Support remains strongest around $1.02-$1.06, where buyers have repeatedly stepped in over recent weeks.
What traders should watch
• $1.13 is the immediate breakout level. Holding above it would strengthen the short-term bullish setup.
• $1.14 is the next nearby level after marking the top of the latest 24-hour range.
• $1.24-$1.28 is the major resistance zone that XRP needs to clear before the daily chart turns meaningfully stronger.
• $1.02-$1.06 remains the key demand zone. Losing it would expose $0.88-$0.92.
