XRP climbs 3% to $1.37 as accumulation builds, but key breakout still ahead
Crypto

XRP climbs 3% to $1.37 as accumulation builds, but key breakout still ahead

CoinDesk·10h ago·Neutral

What Happened

XRP rose 3% to $1.37 on strong volume as accumulation builds. Social sentiment hit two-year lows, historically preceding rallies. The cryptocurrency approaches a multi-year breakout zone with higher lows signaling steady buying. Key resistance sits at $1.42-$1.45. Immediate support holds at $1.35. Extremely bearish retail positioning creates a contrarian setup, though broader trend remains unchanged.

Key Entities

XRP$1.37CoinDesk$1.42-$1.45social sentimentaccumulation

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