XRP overtakes Bitcoin in trading volume on Upbit—what is happening?

in #crypto16 days ago

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Source: BlogTienAo

XRP attracts strong attention in South Korea.

XRP has just recorded a higher trading volume than Bitcoin on Upbit, one of South Korea's largest exchanges.

According to the data, XRP's trading volume on Upbit over the past 24 hours reached approximately 113.18 million XRP, making it one of the most actively traded assets on the platform.

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Source: Upbit

The $1.15 level has become a key zone.

Analysts are currently focusing on the $1.14–$1.15 range, which is viewed as the next key resistance level for XRP.

Successfully clearing the $1.15 mark could significantly boost market sentiment and pave the way for XRP to target higher price levels.

Conversely, failure to break through this area might mean the token needs more time to consolidate before attempting another breakout.

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Source: TradingView

Upward momentum still needs to be confirmed.

According to data from BeInCrypto, XRP is currently trading around $1.11, up approximately 2.25% over the past 24 hours.

XRP's ability to hold above the breakout zone indicates that buyers remain in short-term control. However, to confirm a stronger uptrend, the token needs to clear overhead resistance levels.

Beyond the $1.15 mark, the next notable target range lies between $1.20 and $1.30—a zone that has previously halted upward rallies on multiple occasions.

Additionally, XRP's monthly RSI recently dropped to its lowest oversold level in history, leading some observers to suggest that the possibility of a broader trend reversal is gaining increased attention.

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