XRP Breaks Above Short-Term Resistance as 10.6% Rally Tests Key Technical Levels
The post XRP Breaks Above Short-Term Resistance as 10. 6% Rally Tests Key Technical Levels appeared com. Jessie A Ellis Nov 10, 2025 17: 56 XRP price surges to $2. 55 with 10. 6% daily gains as technical momentum builds above the 20-day moving average, testing critical resistance at $2. 70 amid strong trading volume. Quick Take • XRP trading at $2. 55 (up 10. 6% in 24h) • Technical breakout above 20-day moving average driving momentum • Testing immediate resistance at $2. 70 with strong volume support • Outperforming Bitcoin as crypto markets show mixed signals Market Events Driving Ripple Price Movement Trading on technical factors in absence of major catalysts has dominated XRP price action over the past 24 hours. No significant news events in the past 48 hours have emerged to explain the sharp 10. 6% rally, suggesting this move is primarily driven by technical momentum and increased institutional interest evidenced by elevated trading volumes. The surge coincides with XRP price breaking above its 20-day moving average at $2. 44, a level that had acted as resistance over the past week. Volume on Binance spot market reached $461. 8 million, well above recent averages, indicating genuine buying interest rather than thin-market manipulation. This technical-driven rally reflects broader crypto market dynamics where assets are increasingly moving on chart patterns and momentum signals rather than fundamental news, a characteristic often seen during consolidation phases before major directional moves. XRP Technical Analysis: Bullish Momentum Building Price Action Context XRP price has successfully reclaimed its position above the critical 20-day moving average at $2. 44, marking a significant shift from the recent sideways consolidation. The current price of $2. 55 sits comfortably above this key technical level while remaining below the 50-day average at $2. 60, creating a compressed trading range that often precedes volatile moves. The Ripple technical analysis reveals a constructive setup with the asset trading in the upper portion of.
