XRP rises toward $1.10 on higher lows and increased wallet activity, but lacks a confirmed breakout above key resistance.
XRP climbed 4% as buyers defended a higher low near $1.08, pushing the token toward $1.10 resistance. The move follows last week’s sell-off but remains unconfirmed without a break above $1.1087.
The token has built a base above $1, with rising volume and repeated tests of $1.08 support. Wallet creation hit 4,941 daily addresses, the strongest in 14 weeks, while bullish social sentiment reached a three-month high.
Despite the uptick, XRP remains in consolidation until it sustains a move above the $1.10–$1.12 zone. Ripple’s 1 billion XRP escrow unlock had no significant price impact.