XRP Recovery Signals Bullish Momentum Above Support

XRP continues to attract trader attention as the asset regains ground, climbing above key technical levels and displaying bullish structure. After plunging over 6% in a brief but intense sell-off, XRP is now forming a promising ascending channel pattern just above a critical support zone.

Late in the session, XRP fell sharply to an intraday low of $2.011 before staging a swift comeback. The rebound helped the cryptocurrency reclaim ground above the $2.04 level—an important historical support area. As bullish momentum builds, traders are now monitoring resistance near the $2.09 mark for confirmation of continuation.

Market Context and XRP Sentiment

The recent price dip unfolded amid broader macroeconomic challenges that continue to impact investor sentiment in crypto assets. Ongoing trade tensions and changes in monetary policy across major global economies have fueled uncertainty, triggering widespread risk reduction and profit-taking.

Despite these headwinds, XRP has maintained relative strength in comparison to other digital assets. Institutional interest remains high, especially with continuing speculation around the approval of a potential spot XRP exchange-traded fund (ETF). Additionally, Ripple’s aggressive global expansion in cross-border payments has added fundamental support for XRP’s long-term outlook.

Technical observers are particularly interested in whether XRP will establish a higher base or “higher low,” which could suggest that buyers are regaining control and preparing for a renewed breakout—potentially past the $2.09 resistance level with increased trading volume.

XRP Technical Performance

Over the past 24 hours, XRP experienced notable volatility, with a trading range of 6.33%. Price action saw the asset tumble from a high of $2.147 to its session low of $2.011 during the 21:00 hour. At that moment, volume surged past 163 million tokens—highlighting intensified downward pressure.

However, buyers quickly emerged. XRP found a pivotal high-low at $2.042 before climbing back to $2.083. What followed in the final hour was another surge—from $2.078 to $2.089 on a significant volume burst of 1.38 million at 06:20, marking the session’s high.

These movements created a short-term ascending trend channel, supported by consecutive higher lows at $2.079, $2.082, and $2.083. Such price behavior typically indicates increasing buying interest and potential accumulation underway. The pattern also suggests rising optimism among market participants, despite lingering market volatility.

Analyst Take: Key Technical Signs

• XRP fluctuated within a 6.33% range — between $2.147 and $2.011 — over the last day.
• Massive sell pressure struck at 21:00, triggering over 163 million tokens in volume.
• Recovery saw XRP form a strong higher low at $2.042 and quickly rise to $2.083.
• Immediate resistance stands near $2.089 to $2.090, while support holds between $2.011 and $2.042.
• Late-session rally to $2.089 was confirmed on 1.38M volume spike, signaling renewed buying intensity.
• Short-term trend exhibits an ascending channel characterized by steady higher lows.
• Repeated defense of $2.082–$2.083 zone suggests growing accumulation by buyers.
• MACD has turned slightly bullish, crossing into positive territory; RSI remains balanced at 54, suggesting potential room for upward momentum.

With momentum indicators leaning slightly positive and strong volume backing the recovery, there is a cautiously optimistic bias forming around XRP. A confirmed close above the $2.09 resistance level, especially on strong volume, could open the door to higher levels in the short term as traders seek bullish continuation.

Related: Expert Advice: Sell XRP If You’re Confused

As always, crypto markets remain highly reactive to both macroeconomic news and sector-specific developments. For now, however, XRP appears well-positioned technically—especially if the broader digital asset market stabilizes and institutional narratives continue to support token demand.