XRP experienced a 3% surge, breaking above $1.14 as institutional buying intensified, marking one of the strongest hourly buying sessions in weeks. The rally began from the $1.09 level, identified by analysts as a significant macro support, and was supported by substantial trading volume, unlike previous attempts that lacked liquidity. Despite the upward momentum, XRP remains below a descending trendline that has dictated its broader downtrend since early 2026. The market is currently navigating between a short-term bullish reversal and a longer-term bearish trend. Key levels to watch include $1.14 as immediate support and the $1.20-$1.25 range, which analysts see as critical for confirming a trend reversal. A failure to break these levels could see a return to the $1.09 support, with potential bearish targets as low as $0.90.