XRP Price Teeters at Key Resistance as Traders Eye $1.25 Breakout
The XRP price has been trading relatively flat around $1.10 as speculative capital flows into memecoins, outperforming the broader crypto market.
Despite the muted price action, XRP has quietly built a higher-low structure over the past month, indicating traders are positioning for a potential breakout.
Rising Open Interest and positive funding rates suggest fresh positions are entering the market rather than traders exiting, with the token now trading just below a key resistance zone near $1.16.
A decisive move above this level could pave the way for a retest of $1.25, while another rejection may keep XRP confined within its current consolidation range.