XRP rises 3% as $1.14 breakout turns into support test
CoinDesk·
60-second summary
XRP surges 3% as $1.14 breakout turns into support test, driven by heavy trading volume that pushed the cryptocurrency through a key resistance level, however, sellers swiftly met the move near $1.16, leaving traders uncertain whether the former resistance can now provide support, a crucial test for XRP's short-term momentum and potential price stability.
Heavy volume pushed XRP through resistance, but sellers met the move near $1.16 and left traders watching whether former resistance can now hold as support.