XRP traded above $1.40 early Monday in Asia, breaking through resistance on a sharp increase in volume. The move signals real market positioning and now shifts focus to whether the $1.40 level can hold on any pullback.
Bitcoin's rise during the same period lifted broader crypto sentiment. XRP had been stuck in a narrow $1.35-$1.45 range; the latest move marks another attempt to break out.
Price action shows XRP climbing from $1.3840 to $1.4065, breaking resistance near $1.3990. The token is now consolidating just above the breakout zone around $1.4040-$1.4060.
Technically, reclaiming $1.40 is key after it capped recent upside attempts. Expanding volume confirms broad participation. Higher lows leading into the breakout suggest underlying bid strength. The broader range remains intact but pressure is building for a directional move.
Traders should watch for $1.40 as the new pivot. Holding above it keeps the breakout alive. The next resistance is $1.41-$1.42. A drop below $1.40 would mean the breakout failed.