XRP Traders Stay Bullish As Price Eyes $1.15 Breakout

XRP is showing signs of strength as traders keep their positions despite the recent resistance levels. Data shows that activity on Binance has cooled down significantly, which often indicates that sellers are exhausted and supply is tightening. This trend usually precedes a price increase rather than a selloff.

Funding rates across major exchanges remain firmly in the green. This shows that the majority of market participants are betting on further upside. When traders are willing to pay a premium to hold long positions, it signals high confidence in the current market structure.

If the asset can maintain this momentum, the next major hurdle sits at the $1.15 mark. Market watchers should keep an eye on trading volume in the coming days. A quiet market often creates the right conditions for a breakout if buying pressure picks up steadily.