XRP Passes First Major Breakout Test as Bulls Set Sights on $1.20
XRP may have cleared its first major technical hurdle after breaking above the stubborn $1.14 resistance that had capped its price for weeks. According to market analyst Vlad Anderson, the breakout signals a meaningful shift in market structure because it was driven by strong buying demand rather than short-term speculation.
Trading volume surged to nearly 82 million XRP, more than 200% above the daily average, fueling a rally to $1.158 before sellers pushed the price back toward $1.145.
As a result, Anderson views the pullback as a healthy retest, noting that former resistance often becomes new support after a breakout. If bulls successfully defend this zone, it would reinforce the bullish outlook.
Although XRP has since slipped to $1.12 per CoinCodex data, the next few sessions could determine whether the breakout remains intact.
Three Critical Price Levels Could Decide XRP's Next Major Move
Anderson highlights three critical price levels to watch. The $1.14–$1.145 range is the key support zone, and reclaiming it would confirm buyers are back in control.
More notably, the next hurdle is $1.155, where a breakout would signal renewed momentum and increase the chances of another rally. The most important resistance lies between $1.17 and $1.20.
Therefore, a decisive move above this range could confirm a broader bullish trend, while rejection could leave XRP consolidating or facing renewed selling pressure.
Beyond the charts, fundamentals continue to strengthen. Spot XRP ETFs have now posted nine consecutive weeks of net inflows, adding another $17.2 million despite broader market caution, highlighting sustained institutional confidence.
Furthermore, the XRP Ledger now hosts more than $4 billion in tokenized real-world assets, over four times the size of the current XRP ETF market, underscoring growing real-world adoption.
With improving technicals, rising institutional investment, and expanding utility on the XRP Ledger, XRP appears to be approaching a pivotal moment. Whether the recent breakout develops into a sustained uptrend will likely depend on how the top altcoin performs around these key price levels in the days ahead.
