XRP is starting to build a higher base above $1 following last week’s sell-off. The token edged higher through the U.S. session, held $1.08 on repeated tests and pushed toward $1.10 before sellers slowed the move. That keeps the setup constructive, but still unfinished, with traders watching whether the latest accumulation turns into a clean breakout.
News Background
• XRP wallet creation rose to 4,941 daily addresses, the strongest single-day growth in 14 weeks.
• Bullish social sentiment reached a three-month high, with positive comments outnumbering bearish ones by 3.7 to 1.
• Ripple completed its scheduled 1 billion XRP escrow unlock without a meaningful price shock.
• XRP’s move tracked the broader crypto market closely, with idiosyncratic variance against CD5 staying well below the level that would suggest a major asset-specific catalyst.
Price Action Summary
• XRP rose from $1.0611 to $1.0894 during the 24-hour session, gaining 0.62%.
• The token established higher lows at $1.0552, $1.0589 and $1.0799, showing buyers stepped in at progressively higher levels.
• Volume rose 26.92% above the seven-day average, pointing to steady participation around the move.
• The strongest push came at 13:00 UTC, when volume reached 117.5 million XRP, about 142% above the 24-hour average.
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