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XRP breaks $1.10 resistance with 1.8% gain amid rising retail interest and mixed technical signals

Market News
10 Jul 2026, 09:55 WIB
Blockonomi
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Bullish
XRP breaks $1.10 resistance with 1.8% gain amid rising retail interest and mixed technical signals

XRP surged past the $1.10 resistance level, gaining 1.8% to reach $1.1065 on increased trading volume, signaling renewed retail interest as futures open interest rose to 2.14 billion XRP. Despite this, institutional investors remain cautious, with spot XRP ETFs seeing $7 billion in withdrawals recently. The token continues to trade below key moving averages, suggesting ongoing short-term bearish pressure, while technical indicators show mixed signals with potential for near-term recovery. Immediate resistance levels are at $1.1065, $1.11, and $1.13, with support around $1.10. Geopolitical tensions also add uncertainty to market sentiment.

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