XRP rises 5%, breaks through the $1.37 resistance level, trend reversal not yet confirmed

XRP price increased by 5%, breaking through the $1.37 resistance level, accompanied by strong trading volume and whale buying. However, it remains in an overall downward trend and a trend reversal has yet to be confirmed. Ripple is promoting the integration of XRP into stablecoins and Asian institutional ecosystems, with on-chain stablecoin transaction volume expected to reach $33 trillion by 2026, and strengthening its cooperation with Japan through SBI Ripple Asia. Traders are watching whether XRP can hold above $1.37 and break through the $1.40–$1.42 range. If it falls back to the $1.32–$1.30 range, this breakout may fail and prices could return to their previous range.