Ripple Soars as XRP Breaks Consolidation Zone

$XRP is on the rise, up 10% over the past 24 hours to trade at $1.46.

This surge comes as part of a broader crypto market rally, with Bitcoin surging above $80,000 and gaining $23,000 since its July 1 low.

Additionally, easing war fears may be contributing to the current risk-on mood, after The Wall Street Journal reported that President Trump is privately weighing whether to formally declare the Iran war over.

Technically, XRP broke out from a $1.36 consolidation zone and has seen buyer pressure reverse sharply.

Coinbase's institutional order flow showed high-volume trades executing throughout the climb from $1.38 to $1.42.