XRP just recorded higher trading volume than Bitcoin on Upbit. The altcoin now trades above a recently reclaimed resistance level.

As a result, analysts are watching whether XRP holds enough momentum to challenge the next major zone. The surge in activity places the $1.15 level squarely at the center of trader attention.

Renewed Interest in XRP?

Trading volume measures the amount of an asset exchanged over a specific period. Rising volume is often seen as a sign of increasing market participation. It typically reflects stronger investor interest across both retail and institutional trading channels.

The altcoin generated roughly 113.18 million XRP in trading volume on Upbit over the past 24 hours. As a result, the token surpassed Bitcoin and became one of the exchange’s most actively traded digital assets.

The move drew immediate attention across South Korean crypto markets.

The timing is notable for the token. XRP recently moved above $1.10. That area had repeatedly capped previous recovery attempts.

Moreover, holding above the zone has improved the short-term technical structure and reinforced expectations of continued buying interest.

Analysts note that the latest move built a more constructive market setup. XRP is now attempting to form a sequence of higher lows and higher highs. That pattern is commonly associated with strengthening bullish momentum across major crypto assets.

The breakout has clearly attracted attention. However, traders remain focused on whether the token can maintain support above former resistance levels. As a result, sustained demand will likely be necessary to maintain the current upward trend.

Why the $1.15 Level Is Drawing Attention

The next major area under observation sits between $1.14 and $1.15. This range combines short-term selling pressure with a widely monitored long-term moving average. It now represents a potentially significant obstacle for the token.

A successful move above $1.15 could strengthen confidence among market participants. Furthermore, it would likely shift attention toward higher price levels. Conversely, failure to break through the area may lead to additional consolidation before another attempt.

Analysts also note the importance of XRP holding above $1.09 during any short-term pullback. In technical analysis, a former resistance level that becomes support often confirms a more sustainable breakout. That flip strengthens the broader bullish case.

Beyond $1.15, the next notable target remains the $1.20 to $1.30 zone. That area has repeatedly rejected previous rallies. Furthermore, it remains one of the most important resistance regions on the entire XRP chart.

Supporting the bullish narrative, XRP remains above its breakout level as market activity continues to expand. The token is currently trading around $1.11 after surging 2.25% over the last 24 hours, according to BeInCrypto data.

Buyers appear to have maintained control since the move above the resistance level.

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The latest recovery also follows a period of prolonged weakness. XRP’s monthly RSI recently reached its most oversold reading on record. That extreme prompted some observers to consider the possibility of a broader trend reversal across the coming sessions.

Источник: BeInCrypto