XRP Price Teeters on Breakout Towards $1.25

The XRP price has been trading relatively flat around $1.10 as capital flows into memecoins, outperforming the broader crypto market.

Despite the muted price action, XRP has built a higher-low structure over the past month, indicating that traders are positioning for a potential breakout.

The rising Open Interest and positive funding rates suggest that traders continue to buy into XRP, with 202 million contracts currently open.

XRP is trading just below a key resistance zone near $1.16, making the coming sessions critical in determining its short-term direction.

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.