XRP Surges Past $1.40 as Ripple Enters New Short-Term Structure

XRP has made one of its strongest daily moves in months, rising by about 10% to $1.40.

The price broke through major resistance near $1.16 and short-term averages around $1.09.

A verified daily close above the $1.34-$1.35 region could open the path toward $1.45-$1.50, turning the long-term average into support.

XRP is not overbought in a way that makes it riskier to pursue further upside, but a pullback to $1.34 would be advantageous and allow for an entirely new short-term structure.