Ripple-linked XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45
Summary
XRP successfully broke through the $1.45 resistance level, a barrier that had capped its growth for several weeks. The rally was supported by a significant spike in trading volume, suggesting institutional interest rather than retail speculation. Although the price briefly hit a session high of $1.5073, profit-taking triggered a pullback. Currently, $1.44 to $1.45 serves as critical support, and maintaining this level is essential to sustain the bullish structure. Investors are now watching the $1.50 resistance level, as a decisive break above it could open the path toward $1.56 and potentially $1.80.
(Source:CoinDesk)