XRP price: Ripple linked token jumps as breakout extends on broad bitcoin-led move
Summary
XRP has broken out of several months of sideways trading, climbing over 3% past $1.47 after clearing a key resistance level around $1.426 on significantly increased trading volume, which jumped over 250%. This move is occurring amidst a broad, Bitcoin-led cryptocurrency surge, although activity on the XRP Ledger, including tokenized real-world assets, continues to climb. Traders are now closely watching whether XRP can establish support between $1.43 and $1.44; holding this level could pave the way for a push toward $1.50–$1.55, while a fall below $1.43 might see the price retreat toward $1.39–$1.40.
(Source:CoinDesk)