XRP quietly accomplished something this week that it had failed to do for days: it broke decisively above 1.10 USD on heavy volume and then held its ground. For a token that has been stuck in a frustrating sideways grind, that breakout could be the start of something much bigger — or another false dawn in a year full of them.
By Jennifer Kim | July 11, 2026
The Hook
Think of a price chart like a battlefield. For days, XRP had been charging at a wall — the 1.10 USD level — and getting pushed back every time. On Thursday, it finally broke through with a surge of buying volume, touched a session high of 1.1065 USD, and then refused to give the move back. In trader language, that is called a “hold,” and it matters.
Here is why this small-sounding move is actually a big deal: XRP rose from 1.0827 USD to 1.1026 USD during the 24-hour session, gaining 1.8 percent. That is not a moonshot. But the way it happened — with conviction, volume, and follow-through — tells a very different story than the numbers alone suggest.
What the Price Action Actually Says
Let us break down what happened during the session, step by step:
- The grind: XRP spent most of the session trading in a tight range near 1.08 USD, with buyers and sellers roughly balanced.
- The breakout: Around 01:00 UTC, volume jumped to 43.51 million XRP — about 88 percent above the 24-hour average. That is the kind of volume that separates a real breakout from a fakeout.
- The hold: After hitting 1.1065 USD, XRP did not collapse back below 1.10 USD. Instead, it stabilized in the 1.1020 to 1.1040 USD range. When an asset breaks through resistance and stays above it, that is the single strongest confirmation traders look for.
- The second push: A later 60-minute spike reached 14.17 million XRP in volume, pushing from 1.0958 USD to 1.1052 USD before profit-taking slowed things down.
The most important takeaway: XRP kept making higher lows through the session. That means every time the price dipped, buyers stepped in earlier and at a higher level than before. In technical terms, that shows increasing confidence — sellers are losing their grip.
The Stakes: Why 1.10 USD Matters So Much
In trading, some price levels are more important than others. They are called support (a floor where buyers tend to appear) and resistance (a ceiling where sellers tend to step in). For XRP, 1.10 USD has been both in recent weeks — and flipping it from resistance to support is a meaningful shift.
Here is the roadmap traders are now watching:
- 1.10 USD — The immediate support level. As long as XRP stays above this, the breakout is intact.
- 1.0880 USD — The next level down if XRP slips back into its old range. A drop below here would mean the breakout failed.
- 1.1065 USD — The session high and first resistance. A break above here would confirm continuation.
- 1.11 USD — The next psychological level. Round numbers always attract attention.
- 1.13 USD — The near-term target if momentum continues.
The Bull and Bear Case
Not everyone is convinced. Analysts remain split on what happens next, and both sides have legitimate arguments.
The bull case: Some analysts point to Elliott Wave analysis — a technical theory that identifies recurring patterns in price movements — suggesting upside targets near 1.19 to 1.23 USD. If XRP can hold above 1.10 USD and build a base, those targets come into play. The broader crypto market recovery is also helping: the total market cap has added 170 billion USD since July 1, reaching 2.28 trillion USD, and XRP has been benefiting from the rising tide.
Ripple’s expanding European regulatory footprint also continues to support long-term institutional interest. The token has been attracting steady fund inflows even as bitcoin and ether products saw outflows in some markets, suggesting that XRP-specific demand — not just general crypto momentum — is driving the move.
The bear case: Skeptics warn that XRP has been here before. The token has had multiple failed breakouts in recent months, each one looking promising before fizzling out. A drop below 1.09 USD would reopen the door to a deeper pullback. And while XRP is currently trading around 1.12 USD, it remains far below its yearly highs, and the broader market is still in a three-quarter losing streak — the longest since the 2022 bear market.
What Regular Investors Should Do
For most retail investors, the smart move is not to chase a 2 percent breakout. It is to understand the setup and plan your actions ahead of time. Here is a simple framework:
- If you already own XRP: The breakout is good news, but do not get complacent. Set a mental stop-loss at 1.0880 USD — if XRP drops below that, the move was fake and it is time to reassess.
- If you are thinking about buying: Waiting for a successful retest of 1.10 USD as support — meaning XRP dips to 1.10 USD and bounces — is generally a safer entry than chasing the current price.
- If you are holding for the long term: Ripple’s regulatory progress in Europe and its growing institutional footprint are more relevant than a single session’s price action. The technical breakout is encouraging but not game-changing.
The Verdict
XRP’s break above 1.10 USD is a genuinely positive technical signal. The volume was strong, the hold was firm, and the structure (higher lows, sustained buying) is exactly what breakout traders look for. But in a year where the broader market is still down significantly and fakeout rallies have been common, caution is warranted.
The next 48 hours will tell the story. If XRP holds above 1.10 USD and makes a run at 1.13 USD, the breakout is real and higher targets come into focus. If it falls back below 1.0880 USD, it was just another head fake in a choppy market. Either way, the 1.10 USD level is now the line in the sand — and every XRP investor should know exactly where they stand on it.
The cryptocurrency market remains highly volatile. This article is for informational purposes only and does not constitute financial advice.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; always do your own research.
43.5M XRP volume on the breakout candle is solid but ive seen this movie before with xrp. it pumps on good volume then bleeds back under support a week later. show me it holds 1.10 for 3+ days straight
1.10 holding on volume is whatever but that 43.5M XRP candle at 01:00 UTC is the real signal. someone wanted in bad
the Elliott Wave targets at 1.19-1.23 are ambitious given the broader market is still in a 3-quarter losing streak. even with 170B flowing into crypto this month that does not mean it all goes to xrp
breakout above 1.10 on 88% above-average volume is textbook. question is whether it holds through the weekend
^ claudia the higher lows pattern through the session is your answer. sellers tried 3 times to push back below 1.10 and failed each time
Claudia’s right to question weekend holding but the Elliott Wave targets at 1.19-1.23 aren’t crazy if this volume sustains. Ripple expanding in Europe with regulatory clarity is a real fundamental catalyst.
@Diego fair point but ripple expanding in europe with actual regulatory clarity is more than most tokens have going for them right now. fund inflows while BTC and ETH had outflows is telling
88% above average volume on the initial breakout then a second push of 14M on the 1h chart. higher lows forming. this actually looks different from the last 3 fakeouts imo
Xun’s right about the higher lows on 1H. Sellers tried pushing back below 1.10 three separate times and failed each time. That rejection pattern is textbook accumulation before a leg up.
every time XRP breaks a level the replies fill with “this time is different” and then it dumps. seen this movie since 2021
deniz its literally higher highs and higher lows on the 1H chart. you can be skeptical but at least read the data
43.5M XRP volume on the breakout candle is not retail FOMO. 88% above average volume with higher lows on three retests of 1.10. this setup is actually different
43.5M XRP volume at 01:00 UTC is asian session not US institutional. Ivan Kovac might want to check which timezone that candle actually came from before calling it smart money
ripple getting european regulatory clarity while BTC and ETH had outflows is the fundamental catalyst people are ignoring. actual business traction not just chart patterns
Renata F. fair point on europe but ive seen XRP break 1.10 like four times this year and always get rejected. need to see it hold above 1.13 before believing
fakeout_rat_ four fakeouts this year and each one had the same bullish comments. the 1.10 hold this time is different but cant blame anyone for being skeptical
wave_count_ four fakeouts makes the 1.10 hold more convincing not less. each failed retest absorbed selling pressure. the pattern getting stronger each time is literally textbook accumulation
43.5M XRP volume on the breakout candle at 01:00 UTC isn’t retail FOMO — that’s institutional accumulation. The 88% above-average volume confirms it. This isn’t another fakeout.
ripple getting european regulatory clarity is real fundamental progress not just chart patterns. few tokens have actual business traction right now
43.5M XRP volume at 01:00 UTC is Asian session activity not US institutional accumulation. the timezone matters when youre calling something smart money
1.10 holding after four fakeouts is actually more bullish than a clean breakout would be. each failed retest absorbed selling pressure and reset funding