XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45 Sharp move through resistance came with one of the biggest volume spikes in weeks, though profit-taking quickly emerged near session highs. By Shaurya Malwa May 11, 2026, 5:07 a.m. 2 min read Make preferred on What to know : XRP broke above the long-standing $1.45 resistance on a sharp volume spike, signaling larger players driving the move rather than retail traders. The rally stalled near the psychological $1.50 level, where sellers stepped in and prompted profit-taking that pulled price back toward the breakout zone. Traders are watching $1.44 to $1.45 as key support and $1.50 as immediate resistance, with a clean break higher potentially opening a path toward $1.56 and even $1.80. XRP finally forced its way through the $1.45 area that had capped rallies for weeks, and the move came fast. Volume arrived all at once during the breakout, which usually points to larger positioning rather than retail chasing, though the rally started losing momentum as price approached the psychological $1.50 level. News Background • Traders had been watching XRP’s tightening range for days as multiple analysts pointed to bull flag and triangle formations building beneath resistance. • Thin liquidity conditions across major exchanges added to expectations that any confirmed breakout could produce exaggerated moves in either direction. Price Action Summary • XRP climbed from $1.4176 to $1.4524 during the 24-hour session, trading within a 6.5% range. • The breakout accelerated during the May 10 16:00–17:00 window, when volume surged above 169M and pushed price through $1.4450. • XRP later reached a session high of $1.5073 before pulling back toward the $1.45 area as traders locked in profits. Technical Analysis • The move above $1.45 matters because that level had repeatedly rejected upside attempts since April. • Breakout volume was unusually strong, suggesting real participation behind the rally rather than a thin squeeze higher. • Momentum cooled quickly near $1.50, where sellers stepped back in and triggered short-term liquidation pressure. • Despite the pullback, XRP is still holding above the prior breakout zone, keeping the broader bullish structure intact for now. What traders should watch • $1.44-$1.45 is now the key support area. Holding above it keeps the breakout structure alive. • $1.50 remains the immediate resistance level after the sharp rejection from session highs. • A sustained move above $1.50 could reopen momentum toward $1.56 and potentially the $1.80 area highlighted by several analysts. • Failure back below $1.44 would increase the risk of a retracement toward the $1.38-$1.40 range. More For You A bitcoin whale that went silent in 2013 moves $40 million in BTC By Omkar Godbole | Edited by Sam Reynolds 1 hour ago A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain. What to know : A long-dormant bitcoin “whale” wallet moved about $40 billion in BTC on Sunday. The transfer, detected around 7:16 p.m. UTC, shifted funds to a new address that is not associated with any known exchange, leaving the motive for the move unclear. Read full story Latest Crypto News A bitcoin whale that went silent in 2013 moves $40 million in BTC 1 hour ago Policy at Consensus Miami: State of Crypto 10 hours ago Agentic commerce will run on crypto rails, PayPal and Google reps tell Consensus Miami 15 hours ago Bored Ape NFTs are finally making a comeback as crypto traders rediscover their appetite for risk 16 hours ago Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns May 9, 2026 Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says May 9, 2026 Top Stories BlackRock deepens tokenization push with new onchain fund offerings May 9, 2026 Crypto industry cheers Senate Clarity Act markup date as market structure push resumes May 9, 2026 Senate Banking Committee plans to hold key market structure hearing on Thursday May 8, 2026 Judge clears path for Aave to move $71 million in ETH linked to North Korea hack May 9, 2026 CME is set to let traders bet on bitcoin volatility, not just price May 9, 2026 SEC chair Atkins signals new rules for onchain markets, AI-driven finance May 8, 2026