XRP has been exhibiting signs of recent upward momentum, following Bitcoin's surge to above $81,000. The cryptocurrency's price action has stalled at the $1.40 resistance level after a brief push higher.
The daily volume for XRP has seen a 23% increase, suggesting active seller participation in the market. This could indicate that bulls are facing a challenge in retaining control of the cryptocurrency's price.
However, external catalysts such as the CLARITY Act and growing ETF inflows are expected to support further gains in XRP's price.