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Remarkable Rise in XRP! Can the Resistance Level Be Broken?

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$XRP, which experienced one of the most remarkable rallies in the cryptocurrency market in recent days, faced intense profit-taking at the $1.25 level after breaking through the $1.20 resistance. The upward movement, supported by strong Asian demand and ETF inflows, lost momentum as investors turned to profit realization.

$XRP gained more than 10% during the day, rising to $1.25. However, buying strength weakened at this level, and the price failed to make a sustained breakout. The market is now closely watching whether the $1.20 level, which previously acted as a significant resistance, can hold as a new support zone.

Last week, there was also significant activity in investment products focused on $XRP. According to the data, $XRP ETFs recorded net inflows of approximately $10.68 million. This is considered a significant indicator of renewed strength in institutional investor interest.

Demand originating from Asia was also a decisive factor in the price movement. On Upbit, one of South Korea’s largest cryptocurrency exchanges, $XRP’s share of total trading volume increased from 13% to 31% in just one week. This increase accelerated $XRP purchases by investors in the region.

Another factor supporting the rise was news of expansion in payment infrastructure. The growing collaboration between the $XRP ecosystem and OpenPayd, and developments regarding the native stablecoin project RLUSD, positively impacted investor sentiment.

However, analysts note that $XRP must maintain the $1.20 level to continue its uptrend. A loss of this support could increase the risk of a short-term correction, while a sustained break could lead to a retest of the $1.25 resistance level.

According to market experts, trading volume, ETF flows, and demand on Asian exchanges will be the most important factors determining $XRP’s short-term direction in the coming days. Investors are particularly closely monitoring price movements in the $1.20–$1.25 range.

*This is not investment advice.