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XRP Breaks $1.20 Resistance on ETF Inflows and Asian Demand, but Rally Fades

XRP surged past the $1.20 resistance level, reaching near $1.25 before profit-taking pared gains. The move was supported by strong Asian demand, with South Korea's Upbit exchange accounting for 31% of wallet-flow activity, and a second consecutive week of ETF inflows totaling $10.68 million. Ripple's ongoing infrastructure expansion also contributed to bullish sentiment. While the breakout above $1.20 is technically significant, sustained recovery may require clearing the $1.30 area. Key levels to watch: $1.20 as support, $1.25 as resistance, and $1.30–$1.32 as the next upside target. The rejection at $1.25 signals ongoing selling pressure, and a drop below $1.20 could lead to a retest of $1.14–$1.15.

Key facts

  • XRP broke above $1.20 resistance, briefly hitting $1.25 before profit-taking.
  • Asian demand surged; Upbit's share of wallet-flow activity rose to 31%.
  • XRP ETFs recorded second straight weekly inflows of $10.68 million.
  • Sellers active near $1.25; $1.20 now key support for bullish case.

KeyAudit data perspective

📊 KeyAudit data: TRON historical leak records: 1609905

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