Can XRP Bulls Finally Break Through $1.20?

XRP is trading above $1.10 today after a solid 4% gain. The move comes as the broader market finds its footing, with Bitcoin climbing back over the $65,000 mark. This general recovery is helping lift sentiment across the sector.

Despite the positive momentum, XRP faces a significant challenge at the $1.20 level. This price point has acted as a stubborn resistance zone for several weeks. Traders are watching closely to see if the current buying pressure is enough to push the asset past this ceiling.

Whale activity remains a key indicator to monitor. Large investors continue to add to their holdings, which often signals confidence in a long term trend. If the price manages to hold above $1.20, it could confirm a stronger uptrend for the asset in the coming days.