XRP's climb past $1.18 marks a significant rebound from recent lows, driven by the strongest buying activity seen in several weeks. Institutional capital flows and growing ETF demand are credited as the primary catalysts behind the move, pushing the asset toward the key $1.20 resistance level. Traders are now closely watching whether sustained volume can support a breakout above that threshold or whether selling pressure will cap the rally. The price action suggests renewed confidence in XRP following a period of consolidation, with market participants interpreting institutional involvement as a potentially bullish signal for continued upward momentum in the near term.
— Sponsored —
Trade smarter on BYDFI
Get a bonus on your first deposit — from $50 at $100, up to $2,000 at $20k. 200x leverage, 600+ perpetuals, deep liquidity.