XRP surged more than 10% in the past 24 hours, briefly topping $1.25 before retreating as traders locked in gains near a key resistance zone. The move was fueled by strong Asian demand and fresh inflows into XRP-focused exchange-traded funds, but selling pressure at the $1.25 level proved too heavy to sustain.
Asian demand and ETF inflows drive the spike
Buying from Asian markets pushed XRP above $1.20, a level it had struggled to hold in recent sessions. At the same time, data showed continued inflows into XRP ETFs, adding momentum to the rally. The combination lifted the token to its highest point in weeks.
Selling pressure at a familiar ceiling
Once XRP approached $1.25, however, sellers stepped in. That price zone has acted as resistance before, and this time was no different. The rally stalled, and XRP gave back most of its intraday gains, settling back below $1.20. The pattern suggests that while demand is strong, the market isn't ready to break through that level without a bigger catalyst.
Traders are now watching whether XRP can build enough momentum to retest $1.25 again, or if the pullback deepens. The next major support sits around $1.10. For now, the tug-of-war between buyers and sellers continues, with no clear catalyst on the horizon to tip the balance.
