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XRP jumps 3% past $1.14 on strong volume amid key resistance test and Ripple's cross-border payment push

Market News
12 Jun 2026
Coindesk
View Source
Bullish
pluang ai news

XRP surged 3.3% to $1.14 on its highest trading volume in weeks, breaking resistance near $1.12. This rally is supported by Ripple's expansion of regulated cross-border payments, including Bitso's MXN-backed stablecoin on the XRP Ledger. Traders are watching if XRP can hold above $1.14 and break the $1.20-$1.25 resistance zone, which would signal a possible trend reversal from the longer-term downtrend. Failure to clear this zone could see XRP retest support around $1.09 or even drop toward $0.90 before stabilizing.

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