XRP is seeing a resurgence in activity as buyers test the $1.10 resistance. The token surged 4% amid a broader crypto market recovery, fueled by renewed optimism on both regulatory and technical fronts.
In early July 2026, Bitcoin maintains its course above $61,000, while Ether has gained nearly 6% over 24 hours to trade at $1,712. XRP, for its part, is benefiting from increased speculative interest around its ecosystem and favorable legal developments.
The $1.10 level represents a key psychological threshold for XRP. A breakout above this resistance would open the path toward $1.20, a level not seen in several months. Technical analysts are closely watching this test, which comes after an extended consolidation period.
Several catalysts are supporting XRP’s bullish momentum: the gradual clarification of the US regulatory framework, growing adoption of Ripple’s technology by financial institutions for cross-border payments, and renewed interest from retail investors in altcoins.
“XRP has a favorable technical setup and bullish momentum that could propel it beyond $1.10 in the coming days,” analysts note. “It all depends on buyers’ ability to maintain pressure and the overall macroeconomic context.”
Overall market sentiment remains cautious, however, with the Fear & Greed index still at 21/100, in extreme fear territory. A sustained breakout above $1.10 could nonetheless trigger a significant catch-up move for XRP.
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