Structure: What $1.08 Represents

$XRP broke through its nearest resistance at $1.08, a level that had previously capped upside momentum on the 4-hour timeframe. This level now functions as a pivot point - previously rejected, now reclaimed and holding as a floor. The $1.09 price point reflects the current session's high-water mark, positioning traders to monitor whether this holds as a new support or rolls over into profit-taking.

The $1.08 to $1.09 zone marks the boundary between two distinct market regimes. Below this band, sellers had maintained control; above it, buyers show sustained commitment. A 2.80% 24-hour gain and $1.294B in daily volume suggest institutional or sustained retail participation, though not enough to confirm a structural trend shift yet.

The Path to $1.11: Next Resistance

$XRP's immediate upside target is $1.11, the next structural resistance identified on the 4-hour chart. This level represents the next logical inflection point where seller interest concentrates. Price reaching $1.11 would mark a 1.8% move from current levels - a modest but decisive advance that would test whether momentum extends beyond the initial $1.08 breakout.

The progression from $1.08 to $1.11 is not arbitrary. These levels typically correspond to prior swing highs, Fibonacci retracements, or zones where large orders cluster on aggregate orderbooks. Breaking $1.11 would signal a break of intermediate resistance; rejection there would indicate bulls are overextended and a pullback to support becomes likely.

Charting the Downside: Support Anchors

For traders managing risk, support below the current session's action is the critical consideration. If $1.08 fails as support, $XRP would likely test lower structure - typically identified as previous swing lows or round-number support zones. The exact level depends on the timeframe being analyzed, but support is generally found incrementally lower rather than at a single price.