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    Home»Cryptocurrency»Why rally in Ripple-linked token stalled near $1.15
    Cryptocurrency

    Why rally in Ripple-linked token stalled near $1.15

    币安计划官方By 币安计划官方July 7, 2026No Comments2 Mins Read
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    Why rally in Ripple-linked token stalled near .15
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    • Volume ran 16.19% above the seven-day average, enough to show participation but not enough to confirm a clean breakout.

    • The sharpest activity came near the session low around $1.1110, when volume reached 106.5 million XRP, about 129% above the 24-hour average.

    • Buyers later pushed XRP toward $1.1507, but the move failed to hold near the upper end of the range.

    Technical Analysis

    • The key development is that XRP defended the $1.11 area, but failed to turn the rebound into a sustained move above $1.13-$1.14.

    • The earlier breakout above $1.08 remains intact, but the next leg higher needs stronger volume through resistance.

    • The rejection near $1.1507 shows sellers are still active around the same zone that capped recent recovery attempts.

    • The hourly structure weakened after XRP failed near $1.1308 and slipped back toward $1.1249, leaving a lower-high pattern intraday.

    • XRP remains in a consolidation phase between support near $1.11 and resistance near $1.14-$1.15.

    What traders should watch

    • $1.1110 is the key downside level after buyers defended it during the session.

    • $1.1249-$1.1270 is the immediate support zone after the latest intraday pullback.

    • $1.1308-$1.1325 is the first resistance area bulls need to reclaim.

    • $1.14-$1.15 remains the bigger test after repeated failures near that zone.



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