The move broke through a key chart level, but selling pressure emerged around $1.16, leaving traders focused on whether the old ceiling can turn into support.
XRP pushed through a resistance level on heavy trading volume, a sign of strong market participation behind the breakout. The advance lost momentum near $1.16, where sellers stepped in and capped the move. Attention is now shifting to whether the token can hold above its former resistance, a common technical test that traders watch for confirmation that a breakout can develop into a more durable upward trend.