XRP Breaks Above Key Resistance as Bullish Shift Looms
XRP is showing early signs of improvement in its market structure after breaking above $1.39 and several previous lower highs.
This could potentially mark a shift in XRP's trend, but for now, it remains neutral rather than bullish, according to Cryptoinsightuk.
A break above $1.48 would confirm the bullish shift, with the first target at $1.58, and further momentum could see XRP move toward the $1.70-$1.85 liquidity zone.
The improving macro liquidity backdrop is also a positive sign for XRP and the broader crypto market, with Treasury Secretary Scott Bessent's discussion around potentially increasing bond purchases acting as a potential tailwind.