XRP Ledger Breaks Above Key Trendline Amid Rising Buyer Interest

The XRP Ledger recently broke above a key trendline that had been capping price recoveries since June and July trading sessions. According to KuCoin, this breakout was accompanied by renewed interest from buyers, with five buyers for every one seller in the XRPL market.

The XPUMP token, which is an emerging XRPL token, showed significant buying activity during this period, with 4.3 million tokens changing hands at a price of around $0.000378.

Traders are now closely monitoring the resistance zone between $1.40 and $1.43 on the chart, as this range corresponds to the latest session high before profit-taking appeared intraday.