XRP Breaks Multi-Cycle Resistance, Trading at $1.12 as Volume Surges Over 200%

According to market analyst Crypto Kid, XRP broke above a long-standing multi-cycle resistance level on July 7, which has now flipped into support—a bullish technical development often signaling stronger uptrend potential. The cryptocurrency is currently trading at $1.12, with trading volume surging over 200%, indicating renewed investor participation.

Crypto Kid believes if buyers successfully defend the $1.10 support level, XRP could challenge the next resistance around $1.22 before potentially attempting a larger move toward its all-time high of $3.65. According to CoinCodex, the token has cleared its first major technical hurdle above $1.14, with improving technical structure and strengthening support levels setting up potential momentum for further gains.