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XRP price gains momentum; can buyers defend the $1.08 breakout?

XRP price gains momentum. can buyers defend the USD 1.08 breakout
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XRP price gained fresh momentum after buyers pushed the token above $1.08, a level that blocked earlier recoveries. The move strengthened short-term sentiment, and analyst Diana said the breakout could open a path toward $1.30. However, buyers still need to defend $1.08 as support before the rally secures stronger confirmation.

XRP breakout puts the $1.08 support retest in focus

Diana said XRP cleared a major four-hour barrier when it reclaimed the long-standing $1.08 resistance level. As per her analysis, the move improved the chart structure and restored clear bullish pressure. XRP price now trades above the former resistance, giving buyers a firmer technical base.

The analyst said XRP now attempts to form a higher low and then a higher high. That pattern often shows a shift from range trading into a stronger upward move. Therefore, the $1.08 zone now carries more weight than the first breakout.

Diana said the next confirmation must come during a pullback, not during another fast move higher. XRP price must hold $1.08 if sellers test the breakout level again. If buyers defend that area, the market could treat the breakout as sustainable.

The earlier roadmap also placed the $1.00 area as the first base for bulls. XRP already moved away from that support after reclaiming the $1.08 barrier. As a result, traders now measure strength through support defense instead of recovery claims.

XRP price faces resistance before bulls can reach the $1.30 target

XRP price faces its first overhead test between $1.145 and $1.15, according to Diana. That range holds near-term selling pressure and a major long-term moving average. A clear move through that band would strengthen momentum and bring $1.20 into focus.

The $1.29 to $1.30 area remains the main target for the current setup. Diana identified that zone as the largest barrier because it rejected earlier rallies. She said a clean break above $1.30 would confirm renewed market strength.

Before that test, XRP price needs steady volume and support from buyers near the breakout level. CoinMarketCap data placed XRP near $1.11, which kept it above $1.08. The price position supports the bullish setup, but the retest remains important for confirmation.

The monthly RSI also showed that XRP came from a deeply weak long-term stretch. According to the provided market data, the reading reached its most oversold level in history. That backdrop gives the rebound more attention, although price action still drives confirmation.

XRP trading data and ETF inflows show stronger Demand

Trading activity also supported the current move, as volume expanded on major exchanges. On Upbit, 24-hour XRP volume reached about 113.18 million XRP, according to market data. That figure exceeded Bitcoin volume on the South Korean exchange and showed stronger local demand.

XRP price gains momentum; can buyers defend the USD 1.08 breakout?

Source: X

XRP price also gained support from futures activity, although leverage stayed below recent highs. According to CoinGlass, perpetual futures open interest rose to 2.2 billion XRP on Friday. That level stood above 2.18 billion XRP one day earlier, but below June’s 2.28 billion XRP peak.

XRP price gains momentum; can buyers defend the USD 1.08 breakout?

Source: CoinGlass

ETF demand added another layer to the recovery as inflows resumed after two straight outflow days. The products recorded nearly $7 million in inflows on Thursday, while cumulative inflows reached $1.49 billion. XRP price also benefited from assets under management averaging about $988 million across related products.

XRP price gains momentum; can buyers defend the USD 1.08 breakout?

Source: SoSoValue

Broader demand indicators also supported the shift, but they did not confirm a full trend change. XRP price still needs stronger spot buying and steady futures activity near the breakout zone. XRP price can extend momentum if buyers absorb pullbacks without losing $1.08 across major spot and derivatives markets.

Sentiment improved from deeper fear levels, based on the Fear and Greed Index.

XRP price gains momentum; can buyers defend the USD 1.08 breakout?

Crypto Fear & Greed Index | Source: Alternative

The index stood at 21 on Friday, up from 19 one day earlier and above June’s average of 11. XRP price now depends on whether buyers can protect $1.08 and challenge $1.30.

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