XRP traded above $1.10 on Thursday, shaking off four-month lows as trading volumes surged. The recovery comes despite the token remaining below key resistance levels that have capped recent gains. ETF inflows and exchange outflows for XRP continued to climb, signaling growing investor interest.
Recovery on Rising Volume
The price rebound from multi-month lows was accompanied by elevated trading volume, a sign that buyers stepped in aggressively. XRP had fallen to its weakest point in four months before reversing course. The move pushed the digital asset back into the $1.10 range, but it still hasn't reclaimed the resistance zone that has held for weeks.
ETF and Exchange Signals
Data shows a steady increase in inflows into XRP-focused exchange-traded funds. At the same time, outflows from cryptocurrency exchange wallets have picked up. That pattern typically suggests investors are moving tokens into long-term storage rather than preparing to sell. The combination points to a shift in sentiment among holders.
Resistance Ahead
Despite the bounce, XRP remains below several technical resistance levels. Traders are watching whether the token can sustain the rally and break through those ceilings. If the current volume and capital flows continue, a test of the next price barrier could come within days. But a failure to push higher would leave XRP stuck in the same range that has frustrated bulls for months.
The coming sessions will show whether the buying momentum can carry the token past resistance or if this is just another dead-cat bounce in a broader downtrend.
