XRP Overtakes Bitcoin in Upbit Trading Volume – Here Is Why the $1.15 Level Could Decide the Next Breakout

2 hours ago 19
  • XRP surpassed Bitcoin in 24-hour trading volume on South Korea’s Upbit exchange, signaling renewed investor interest.
  • The token has reclaimed the $1.10 level and is attempting to build a stronger bullish market structure.
  • Analysts say a decisive break above $1.15 could open the door for a move toward the $1.20–$1.30 resistance zone.

XRP is back in the spotlight, and this time it’s not just because of price.

The cryptocurrency has officially recorded more trading volume than Bitcoin on Upbit, South Korea’s largest digital asset exchange, highlighting a noticeable increase in investor activity. At the same time, XRP has managed to climb above a key resistance level that had previously rejected several recovery attempts.

Together, those developments have traders asking the same question: can XRP finally build enough momentum to push even higher?

For now, all eyes are on the $1.15 level.

XRP Tops in Upbit

XRP Overtakes Bitcoin on Upbit

Trading volume is one of the simplest ways to measure market participation. When volume rises alongside price, it often suggests that more buyers are entering the market rather than a rally being driven by only a handful of traders.

Over the past 24 hours, XRP generated roughly 113.18 million XRP in trading volume on Upbit, allowing it to surpass Bitcoin and become one of the exchange’s most actively traded cryptocurrencies.

That’s a notable shift.

South Korea has long played an important role in XRP trading, and spikes in activity on major Korean exchanges often attract attention across the broader crypto market. While volume alone doesn’t guarantee further gains, it does indicate growing interest from market participants.

XRP Is Building a Stronger Technical Picture

The increase in trading activity comes at an interesting time.

XRP recently reclaimed the $1.10 price level after spending weeks struggling to move above it. That area had acted as a stubborn ceiling during previous recovery attempts, making the latest breakout more meaningful from a technical perspective.

More importantly, buyers have so far managed to defend that breakout.

Analysts say XRP is beginning to establish a pattern of higher highs and higher lows, a classic sign that bullish momentum may be strengthening. If that structure continues developing, confidence among traders could gradually improve.

Still, the breakout isn’t fully confirmed just yet.

Maintaining support above former resistance levels will be essential if buyers want to keep control of the trend. Losing those gains too quickly could trigger another period of sideways trading before the next attempt higher.

Ripple XRP

Why $1.15 Matters So Much

The next major challenge sits just ahead.

The region between $1.14 and $1.15 combines near-term selling pressure with a closely watched long-term moving average, making it one of the most important resistance areas on XRP’s chart.

A clean move above that range would likely strengthen bullish sentiment and shift traders’ attention toward even higher price targets.

On the other hand, another rejection could slow the rally and keep XRP consolidating until fresh buying pressure arrives.

Analysts are also watching the $1.09 level closely. If XRP pulls back but successfully holds above that former resistance, it would reinforce the idea that the breakout is genuine rather than a short-lived spike.

Can XRP Reach the Next Resistance Zone?

If buyers manage to clear the $1.15 barrier, the next major objective sits between $1.20 and $1.30.

That region has repeatedly capped previous rallies and remains one of the strongest resistance zones on the longer-term chart. Breaking through it would represent a significant improvement in XRP’s broader market structure.

For now, the momentum remains encouraging.

XRP is trading around $1.11 after gaining roughly 2.25% over the past 24 hours, while trading activity continues expanding. Buyers have largely stayed in control since the breakout, though they’ll need to keep defending key support levels if they hope to extend the move.

Another factor supporting the bullish case is XRP’s recent technical reset.

The token’s monthly Relative Strength Index (RSI) recently fell to its most oversold reading on record before rebounding. Historically, deeply oversold conditions can sometimes signal that selling pressure is becoming exhausted, leading some analysts to believe a broader trend reversal could be developing.

Whether that plays out will likely depend on what happens next at the $1.15 level.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.

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