XRP Price Breaks Seven-Month Resistance as Focus Shifts to Key $1.55 Level

XRP price has broken through a resistance level that had capped its upward movement for nearly seven months, bringing the $1.55 level into focus.

The token's recent breakout has sparked renewed momentum, with XRP trading at $1.48 and a 24-hour trading volume of $7.83 billion, according to data.

Crypto analyst Crypto Patel noted that XRP price managed to break through the resistance level after seven months in his latest post.

If the price can sustain itself above $1.55, it will add to the bullish thesis; otherwise, consolidation or retraction back to lower supports becomes likely.