XRP surges toward $1.20 on volume and ETF inflows

XRP rebounds above $1.18, driven by Upbit activity and ETF inflows. Price nears $1.20 resistance, with investors watching for a breakout as volume and sentiment rise.

XRP has staged a strong rebound, with its price climbing above $1.18 and approaching the key $1.20 resistance level. This rally is fueled by robust trading volume, especially on the Korean exchange Upbit, where wallet flow dominance hit 31%. ETF and ETP inflows for XRP have been positive, attracting over $10 million in the past week, while Bitcoin and Ethereum funds experienced outflows. The price surge follows a period of consolidation and is further supported by favorable legal developments and new technology releases, such as Ripple's XRPL AI Starter Kit. Market participants are watching to see if XRP can establish $1.14–$1.15 as a support zone and break through the $1.20 barrier, with the next resistance at $1.27–$1.30. Sentiment remains optimistic, but analysts note that further gains depend on sustained volume and broader market trends.