XRP Extends Rally Above $1.0650 as Buyers Eye $1.1150 Resistance

XRP is maintaining a constructive technical setup above the $1.0650 support level, with $1.1150 now acting as the first key hurdle before the wider $1.30 area comes into focus. A sharp pickup in trading activity has helped XRP outperform Bitcoin in the latest move, with rising participation lending credibility to the breakout. Market positioning also remains tied to Bitcoin Dominance. Traders are watching whether easing dominance could further support XRPBTC strength and fuel broader rotation into altcoins. Buyers regain near-term control A strong daily candle signaled a notable shift after months of corrective trading. Price pushed through nearby resistance and closed firmly, following several earlier attempts that stalled under a descending trendline. CRYPTOWZRD described the daily close as strongly bullish in its latest technical update and expects follow-through to be influenced by Bitcoin and XRPBTC in the next session, while noting that the setup depends on support holding in the days ahead. At the time of writing, XRP trades near $1.15, up 14.72% over the past 24 hours. Market capitalization is about $72.28 billion, while volume is approximately $4.07 billion, a 377.93% surge over the same period. Key levels define the next leg The $1.0650 zone remains the primary support. Holding above it keeps the short-term bullish structure intact; a break below may bring back choppy, sideways conditions. On the upside, initial resistance is clustered around $1.1150. A sustained move through that area would improve the case for a push toward $1.30. A broader resistance zone is also seen near $1.55 on the daily chart. The rally follows consolidation in the $1.05"1.10 range. XRP then accelerated and diverged from Bitcoin into the final leg, widening the relative-performance gap during the session. Volume expanded quickly alongside the price jump, signaling stronger participation, though the market will need to show continued acceptance after such a rapid advance. XRPBTC adds another bullish input Analysts are also tracking XRPBTC. The pair closed higher despite a notable rise in Bitcoin Dominance, pointing to stronger relative demand for XRP versus Bitcoin in the latest session. Bitcoin Dominance remains central to the framework. If it begins to trend lower, XRPBTC could extend its strength and potentially support a wider shift toward altcoins if momentum persists. In terms of timing, daily charts lean toward continuation, while lower timeframes keep $1.0650 as the key checkpoint. The outlook remains bullish for now, but traders are looking for confirmation through resistance. Holding above $1.0650 while clearing $1.1150 would reinforce the recovery. Losing support risks a return to range-bound trading. Source: Coinmarketcap Tags: Crypto market, cryptocurrency, XRP