XRP climbs above $1.10 as traders eye $1.27 resistance
The XRP token reclaimed the $1.10 level and traded near $1.14, reviving short‑term bullish sentiment. On South Korea’s Upbit exchange, XRP’s 24‑hour volume surpassed Bitcoin’s, with about 113 million XRP changing hands in a single session, indicating strong regional retail interest.
On‑chain metrics show deep undervaluation: Santiment reports a 30‑day MVRV near –45 % and a 365‑day MVRV around –47 %, the lowest in XRP’s history. Technical analysis added a fresh SuperTrend buy signal, the first since mid‑June, and a long‑short account ratio of roughly 3 : 1, with nearly 75 % of accounts long. Market participants are now watching the next resistance zone between $1.14 and $1.15, and a potential breakout toward $1.27, while the Fear & Greed Index remains at 22, signalling extreme fear.