XRP briefly loses $1.14 support before buyers drive sharp rebound
Heavy selling pushed XRP to its lowest level of the weekend session, but strong buying quickly erased most of the decline and returned the token to its recent trading range.
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Summary
- XRP briefly broke below key support near $1.13 on heavy volume before rebounding toward $1.15, keeping the token within its monthlong trading range.
- The swift recovery from a session low around $1.12 suggests buyers remain active in the $1.10 to $1.15 support zone, even as short-term resistance holds near $1.15.
- Traders are watching for a sustained break outside the broader $1.10 to $1.30 range, which could offer the first clear directional signal for XRP in weeks.
