RWA

XRP up 2% as buyers push through $1.10 resistance

CoinDesk3h agoUpdated 2h ago
XRP up 2% as buyers push through $1.10 resistance
Smart Read

A late-session volume surge carried XRP above its recent range, with traders now watching whether $1.10 can hold as support....

Key takeaways

  • 1XRP surged 2% to break above $1.10 resistance on strong late-session volume spike of 43.51 million tokens.
  • 2Traders now watch $1.10 as key support, with $1.0880 and $1.13 as critical downside and upside levels.
  • 3Analysts target potential upside toward $1.19–$1.23 but warn a drop below $1.09 could trigger deeper pullback.

Coins in this story

Why it matters

XRP's technical breakout on volume could signal stronger momentum for retail traders, while Ripple's expanding European regulatory footprint supports institutional interest. For Indian investors, this price action reflects broader altcoin volatility tied to Bitcoin and institutional fund flows in global markets.

Related stories

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch
CoinDesk2h ago60-word brief

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch

A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend....

Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears
CoinDesk4h ago60-word brief

Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears

Bitcoin gains strength against USD but underperforms in yen as Japan's currency surges on BOJ intervention speculation. Wholesale inflation hit 7.1% annually, stoking rate-hike expectations. Meanwhile, Japan's government pushes GPIF's $1.87 trillion pension fund toward domestic assets, potentially triggering global market volatility. For Indian investors, yen weakness could indicate broader emerging-market currency pressures affecting crypto valuations across Asian markets.

Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains
CoinDesk4h ago60-word brief

Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.