XRP up 2% as buyers push through $1.10 resistance
CoinDesk 2026-07-10 05:13:48
Context: XRP, a cryptocurrency, experienced a 2% surge as buyers successfully pushed through the $1.10 resistance level, driven by a late-session volume surge. This breakout occurred after XRP spent most of the session trading within a tight range. The movement has led traders to view $1.10 as a key support level.
Key Facts
- The XRP price rose from $1.0827 to $1.1026 during the 24-hour session, gaining 1.8%, with a late-session volume surge carrying it above the recent range to clear resistance around $1.10.
- The main breakout occurred around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average, pushing XRP to an intraday high of $1.1065 before stabilizing near $1.1020-$1.1040.
- Analysts remain divided on the broader outlook, with some eyeing upside targets near $1.19 to $1.23 and others warning that a drop below $1.09 could reopen a deeper pullback to lower support zones.
- XRP has spent recent sessions consolidating above $1.08, with traders watching whether that base can support a stronger move toward $1.13, and Rippleās expanding European regulatory footprint remains a longer-term support for institutional interest.
- The token established higher lows through the session as buyers defended pullbacks near $1.0880, which now acts as the main support level, while $1.1065 to $1.13 is seen as the near-term resistance zone if momentum continues.