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XRP bulls defend key $1.05-$1.06 support as breakout above $1.10 nears, signaling potential rally to $1.20.

Technical Signals
29 Jul 2026
Coinpaper
View Source
Bullish
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XRP is showing renewed bullish momentum after recovering from recent lows, with buyers holding the critical $1.05-$1.06 support zone. This former resistance now acts as support, suggesting a strong foundation for further gains. The cryptocurrency is approaching a key resistance level between $1.09 and $1.10, where a decisive breakout could trigger a rally toward $1.15 and $1.20. Positive developments like Hong Kong's launch of a licensed retail XRP trading platform add fundamental strength, while technical indicators point to steady accumulation and growing trader confidence. Maintaining support above $1.05-$1.06 is crucial for sustaining the uptrend and avoiding renewed selling pressure.

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