XRP Trading Volume Overtakes Bitcoin on Upbit With 113M Tokens Traded

XRP News

XRP (XRP) has overtaken Bitcoin in 24-hour trading volume on South Korea’s largest exchange, Upbit, a rare shift in the pecking order of the platform’s most active markets. Exchange market data shows roughly 113.18 million XRP changed hands over the trailing session, pushing the token’s turnover above Bitcoin’s and making it one of Upbit’s busiest pairs. The surge concentrated fresh Korean retail demand into a single altcoin, and it arrived just as XRP cleared a resistance band that had capped several prior recovery attempts. For context on the coin’s broader coverage, see our dedicated XRP hub.

The volume spike was not an isolated data point; it coincided with XRP trading near $1.09 on Upbit at the moment the turnover figures crossed Bitcoin’s. Trading volume, the total value of an asset exchanged over a fixed window, is widely read as a proxy for participation, and a reading that eclipses Bitcoin on a major venue signals conviction rather than passive drift. Korean order flow has historically front-run altcoin momentum, so a local venue printing XRP above Bitcoin in raw activity is a notable tell. Our reading of the tape suggests demand was concentrated, fast, and skewed toward buyers rather than distribution.

Timing sharpened the significance of the move. XRP had recently reclaimed the $1.10 zone, an area that repeatedly rejected earlier rebound attempts and acted as a ceiling through several failed pushes. Flipping former resistance into a support shelf materially improved the token’s short-term structure, and the reclaim is what allowed the subsequent volume burst to translate into a directional advance rather than a stalled chop. On-chain and exchange data both frame the $1.10 reclaim as the pivot that changed the character of the trade, converting a rangebound asset into one attempting a fresh leg higher.

Beyond a single candle, XRP is now attempting to build a sequence of higher lows and higher highs, the textbook signature of strengthening trend momentum. Analysts highlight that the reclaim of $1.10 laid the groundwork for a more constructive setup, in which each pullback is being bought at a higher floor than the last. That structural shift matters more than the volume headline alone, because a chain of higher lows implies buyers are stepping in earlier on dips. The pattern remains early and unconfirmed, but it marks a clear departure from the drift that defined the token’s prior consolidation phase.

The next contested zone sits between $1.14 and $1.15, a band that traders are watching as the immediate barrier to continuation. That range stacks short-term selling pressure against a widely tracked longer-term moving average, giving it added weight as a potential rejection point. Clearing $1.15 on sustained turnover would open room toward higher targets, while failure there risks a retest of the reclaimed $1.10 shelf. The concentration of activity around this level explains why market participants have framed $1.15 as the line that separates a genuine breakout from another capped bounce.

Whether the advance holds now hinges on demand persistence rather than a single volume print. Momentum that fades after a spike often leaves former resistance vulnerable to a reversal, and the market is testing whether Korean-led buying can be joined by broader flows. Sustained support above the prior resistance is the condition traders cite for the uptrend to mature, and the higher-low structure will be invalidated if buyers fail to defend the reclaimed levels. For now, the setup is constructive but conditional, resting on continued participation rather than the one-off turnover that put XRP ahead of Bitcoin on Upbit.

COINOTAG’s proprietary 42-indicator composite S/R scoring engine rates first resistance at $1.2151 a 76/100 (STRONG), built on the confluence of the volume Point of Control, Fibonacci 0.382 and the recent swing high, with the $1.1441 R1 band scored 69/100 from the previous day high and Ichimoku Kijun. Immediate support at $1.1348 scores 77/100, anchored by Fibonacci 0.236 and the prior-day close. Derivatives read cautious-constructive: funding is mildly negative at -0.0036% with $679M open interest and a 2.98 long/short ratio (74.9% long), a crowded-long posture. With RSI at 51.76, a bullish MACD and a 22/100 Extreme Fear print, a reclaim of $1.2151 confirms upside; a loss of $1.1348 invalidates the thesis.