XRP price jumps 2% on bitcoin strength as buyers push through $1.10 resistance

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• The main breakout came around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average.

• The move carried XRP to an intraday high of $1.1065 before price stabilized near $1.1020-$1.1040.

• A later 60-minute spike reached 14.17 million in volume, pushing XRP from $1.0958 to $1.1052 before profit-taking slowed the move.

Technical Analysis

• The key development is that XRP cleared the $1.0950-$1.1000 area after several sessions of range-bound trading.

• The breakout was supported by volume, which gives the move more weight than the earlier low-volume attempts above resistance.

• Higher lows through the session show buyers are stepping in earlier, with $1.0880 acting as the main support level during pullbacks.

• The post-breakout hold near $1.1020-$1.1040 is constructive because XRP did not immediately lose the $1.10 area after the spike.

• The next test is whether buyers can keep XRP above $1.10 long enough to challenge $1.1065 and then $1.13.

What traders should watch

• $1.10 is the immediate support level after the breakout.

• $1.0880 is the next level to watch if XRP slips back into its prior range.

• $1.1065 is the first resistance after marking the session high.

• $1.11 is the next psychological level, followed by $1.13 if momentum continues.

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