XRP jumps 3% as breakout above $1.39 ends early-2026 downtrend
Volume surged more than 300% during the move, per CoinDesk analytics data, with traders watching whether the token can hold the former resistance as support.
What to know:
XRP broke above a months-long descending trendline and the $1.39 resistance zone, with a surge in trading volume signaling renewed bullish momentum.
The move came despite about $3.9 million in outflows from U.S.-listed XRP ETFs, while activity on the XRP Ledger climbed to roughly 2.7 million daily transactions, aided by real-world-asset tokenization projects.
Traders are watching whether XRP can hold the $1.39–$1.40 area as new support, which could pave the way toward $1.44 and $1.50, while a breakdown may send prices back toward the $1.34–$1.37 support band.