XRP Breaks Above Key Resistance: Is the Rally Just Beginning ?

XRP has gained 3.89% in the last 24 hours, climbing to $1.14 and outperforming the broader crypto market, which rose just 1.36%. The rally is being driven by a combination of bullish ecosystem developments and a decisive breakout above the important $1.10 resistance level.

Fundamentally, Ripple's continued European expansion under the MiCA framework and the XRP Ledger nearing 1 million AI-powered transactions have strengthened investor confidence. At the same time, strong retail buying—especially on South Korea's Upbit exchange—and a growing altcoin rotation have added further momentum to the move.

Looking ahead, the key level to watch is $1.12. If XRP holds above this support, the next target could be the $1.20–$1.23 resistance zone. However, losing the $1.10 level could trigger a short-term pullback toward $1.07.

Overall, the outlook remains cautiously bullish. If buying pressure continues and XRP successfully consolidates above its new support, this breakout could mark the beginning of a stronger uptrend.