XRP jumps 3% above $1.14 as institutional buying meets key resistance test
Hex37's read
- XRP price increased by 3% to over $1.14.
- Significant volume surge accompanied the price jump.
- Traders are watching for a break of a long-term downtrend.
What it means for traders
- The 3% jump with high volume suggests strong buying interest, but resistance at $1.14 needs to be watched.
- A sustained break above $1.14 could signal a trend reversal, while failure may lead to further downside.
Affected markets
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