XRP has surpassed the key $1.14 resistance level in recent days, marking a significant technical milestone after weeks of being capped by this threshold. Market analyst Vlad Anderson attributes this breakout not to short-term speculative trades, but to robust buying demand, suggesting a meaningful shift in the asset’s market structure.
After the breakout: focus shifts to support zones
Trading volume climbed sharply, reaching approximately 82 million XRP – more than double the daily average. This momentum powered the price up to $1.158. However, sellers soon entered the market, pulling XRP back toward the $1.145 mark.
Anderson views this pullback as a healthy retest rather than a negative development. In technical analysis, former resistance levels that are passed often act as support in subsequent price action. If buyers manage to hold this area, the case for a continued uptrend may gain strength.
Anderson emphasizes that the move above $1.14 was driven by strong buying, so the recent pullback could be seen as a test of the new support zone.
According to CoinCodex, XRP subsequently slid as low as $1.12. The coming trading sessions are considered crucial in determining whether the recent breakout will prove sustainable.
Three key price levels to watch
Anderson highlights the $1.14–$1.145 range as the primary support zone to monitor. Recovering this area would suggest that buyers have regained control of the market. The next critical threshold is $1.155; clearing this mark could signal fresh upward momentum.
The strongest resistance is located between $1.17 and $1.20. Should the price clearly break above this band, it could confirm a broader bullish trend. Otherwise, XRP may consolidate sideways or once again come under selling pressure.
| Level | Significance |
|---|---|
| $1.14–$1.145 | Primary support zone |
| $1.155 | Momentum threshold |
| $1.17–$1.20 | Strong resistance area |
Institutional interest reflected alongside technical setup
Beyond the technicals, fundamental indicators are also drawing attention to XRP. Notably, spot XRP ETFs have recorded net inflows for nine consecutive weeks. Despite a more cautious overall market, these products saw an additional $17.2 million in inflows recently, highlighting sustained institutional investor interest.
Total tokenized real-world assets held on the XRP Ledger have surpassed $4 billion. The XRP Ledger, an open-source blockchain network linked to the Ripple ecosystem, stands out for its cross-border payment and asset transfer capabilities.
Nine straight weeks of net inflows into spot XRP ETFs, combined with over $4 billion in tokenized assets on the XRP Ledger, show that the market’s focus extends beyond just price movements to include real-world use cases.
When combining the improved technical outlook, continued institutional inflows, and expanding usage on the XRP Ledger, it appears XRP has entered a decisive phase in the short term. The asset’s reaction to key support and resistance levels in the coming days is likely to determine whether this breakout develops into a sustained bullish trend.
