XRP Surges 8% to Break $1.20 in First Major Rally Since June Selloff

XRP has experienced a notable surge, climbing 8% above $1.20 in its first major breakout since the June selloff. This rally has pushed through multiple resistance levels, with traders now focusing on whether the momentum can extend toward $1.30.

The surge was driven by heavy trading volume, indicating strong interest and potential for further gains. After weeks of defensive positioning, this breakout has caught the attention of investors who have been waiting for a clear signal of recovery.

For everyday investors, this rally could signal a shift in market sentiment, potentially offering new opportunities for those who have been on the sidelines. However, it's important to remember that cryptocurrency markets can be volatile, and this breakout could be followed by a period of consolidation or correction.

Investors should watch for the next resistance level at $1.30, as breaking through this could confirm a stronger upward trend. Those considering entering the market should monitor trading volumes and price action closely to gauge the strength of the rally. Read more → https://www.coindesk.com/markets/2026/06/15/xrp-rockets-8-above-usd1-20-in-first-major-breakout-since-june-selloff