XRP Briefly Breaks $1.088 Resistance on 688,000 Volume as $1.00 Support Holds
Updated
Updated · CoinDesk · Jul 9
XRP Briefly Breaks $1.088 Resistance on 688,000 Volume as $1.00 Support Holds
1 articles · Updated · CoinDesk · Jul 9
Summary
XRP briefly pushed above $1.088 at 23:44 UTC, with breakout volume hitting 688,000 XRP before the move faded and price settled back near $1.09.
That failed push leaves the token stuck in a tight compression range: buyers are still defending $1.00-$1.05, while lower highs at $1.1133, $1.0993 and $1.0932 show sellers continue to cap rebounds.
Traders now need XRP to hold above $1.088-$1.091 to target $1.093-$1.095, with $1.20-$1.25 the next major resistance zone and $1.40 the first stronger breakout signal.
Longer-term wedge and ascending-channel patterns still point to upside targets from $2.20 to $3.65 or higher, but those projections remain unconfirmed unless XRP clears near-term resistance; a break below $1.00-$1.05 would refocus attention on $0.90 and $0.80.