XRP rockets 8% above $1.20 in first major breakout since June selloff

60-second summary

XRP surges 8% above $1.20 in its first major breakout since June's selloff, driven by heavy volume that pushed the cryptocurrency through multiple resistance levels. Traders are now focused on whether the rally can extend toward $1.30 after weeks of defensive positioning, potentially signaling a shift in sentiment and a strengthening market. Market participants are closely watching the momentum.