XRP up 2% as buyers push through $1.10 resistance

Markets XRP up 2% as buyers push through $1.10 resistance A late-session volume surge carried XRP above its recent range, with traders now watching whether $1.10 can hold as support. By Shaurya Malwa Jul 10, 2026, 5:13 a.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show XRP broke out of its recent tight range to clear resistance around $1.10 on strong volume and then held near session highs instead of retracing. Traders now view $1.10 as key support, with $1.0880 as the next downside level and $1.1065 to $1.13 as the near-term resistance zone if momentum continues. 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. XRP spent most of the session grinding inside a tight range before buyers finally forced the move above $1.10. The token pushed through resistance on a late volume spike, hit $1.1065 and then held near the highs rather than giving back the move. That turns $1.10 into the level traders now need to see defended. News Background • XRP continued to attract attention from analysts tracking steady fund inflows even as bitcoin and ether products saw outflows in some markets. • The token has spent recent sessions consolidating above $1.08, with traders watching whether that base can support a stronger move toward $1.13. • Analysts remain split on the larger setup, with some pointing to Elliott Wave targets near $1.19-$1.23 and others warning that a failure to hold $1.09 could reopen downside toward lower support zones. • Ripple’s expanding European regulatory footprint remains a longer-term support for institutional interest, though the session’s move was driven mainly by technical levels and volume. Price Action Summary • XRP rose from $1.0827 to $1.1026 during the 24-hour session, gaining 1.8%. • The token established higher lows through the session as buyers defended pullbacks near $1.0880. • 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. • A clean hold above $1.10 would keep the breakout structure intact, while a move back below $1.0880 would turn the session into another failed range breakout. 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