XRP Breaks $1.08 Resistance, Targets $1.30 as Upbit Volume Tops Bitcoin

XRP4.48%
BTC1.75%

XRP broke above the $1.08 resistance level, clearing a barrier that had repeatedly stalled previous recovery attempts. Market analyst Diana believes the breakout could mark the start of a stronger rally, with $1.30 emerging as the next major upside target. Reclaiming $1.08 has significantly strengthened XRP's four-hour chart structure, with the altcoin now attempting to form a higher low followed by a higher high, a classic bullish pattern that often signals the transition from consolidation into a sustained uptrend.

XRP Faces Resistance Levels Between $1.145 and $1.30

Before reaching $1.30, XRP must overcome several key resistance levels. The first lies between $1.145 and $1.15, where immediate selling pressure converges with a major long-term moving average. A decisive move above that range would reinforce bullish momentum and bring the psychological $1.20 level into focus.

Beyond that, the $1.29-$1.30 zone remains the most significant hurdle. This area has repeatedly rejected previous rallies, making it a crucial test for the current breakout. A clean move above $1.30 would confirm renewed strength.

Diana stressed that the most important confirmation has yet to come. XRP must successfully retest and hold the former $1.08 resistance as support during any pullback. Turning resistance into support is widely viewed in technical analysis as one of the strongest signals that a breakout is sustainable.

In Diana's view, XRP's technical roadmap is unfolding in a clear sequence: defend the $1.00 support zone, reclaim the long-standing $1.08 resistance, and advance toward the critical $1.30 target.

XRP Trading Volume on Upbit Surpasses Bitcoin at 113.18 Million

XRP is trading at $1.11 per CoinCodex data, comfortably above the breakout level, while trading activity has surged. On South Korea's Upbit exchange, 24-hour XRP trading volume reached roughly 113.18 million XRP, outpacing Bitcoin and highlighting growing investor interest.

The breakout also comes as XRP attempts to recover from one of its weakest long-term stretches in years with the monthly RSI already at the most oversold level in history. After months of bearish sentiment, traders are closely watching whether the move above $1.08 marks the beginning of a sustained trend reversal.

FAQ

What resistance level did XRP break?

XRP broke above the $1.08 resistance level, clearing a barrier that had repeatedly stalled previous recovery attempts.

What is XRP's next price target according to Diana?

Market analyst Diana identifies $1.30 as the next major upside target for XRP, with intermediate resistance levels at $1.145-$1.15 and $1.29-$1.30.

How does XRP's trading volume on Upbit compare to Bitcoin?

On South Korea's Upbit exchange, 24-hour XRP trading volume reached roughly 113.18 million XRP, outpacing Bitcoin's trading volume on the same platform.

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