XRP Climbs Higher as Traders Watch Key Breakout Levels

XRP price action turned positive over the last 24 hours, pushing the token up by 4 percent. The move brought the price to test short term resistance levels, keeping investors focused on the next potential rally.

Despite the current gains, the chart remains in a consolidation phase. Traders are watching the supply zone between $1.24 and $1.28 very closely. A clean break above this area is necessary to confirm that the current price reversal has enough strength to hold.

If the asset manages to clear this barrier, the next target on the map for many analysts is the $1.35 level. For now, market participants are waiting to see if buyers can maintain this pressure or if the resistance will force a pullback.