XRP price has been showing signs of a potential rebound as bulls try to defend support levels and reignite upward momentum. This rebound attempt follows a deep decline in Bitcoin and Ether, which dragged down the overall crypto market, including XRP.

After a sharp correction, XRP managed to find footing around $0.50, a level that previously acted as resistance and now seems to be turning into support. This shift suggests that traders may be seeing value at current levels, prompting renewed buying interest.

Meanwhile, broader crypto sentiment remains cautious. Bitcoin, the market bellwether, dropped to around $25,700 before bouncing modestly, while Ether has also seen accumulation near its own support zone. These efforts to stabilize across major coins may give XRP room to consolidate and build momentum for a recovery.

A key hurdle for XRP now lies at the 20-day exponential moving average (EMA), near $0.57. If bulls are able to push the price above this level, it would mark a significant short-term shift in control, with the possibility of a move toward the 50-day simple moving average (SMA) at around $0.65. However, if price struggles below this resistance, the chances of another pullback increase, possibly dragging XRP back to the $0.45 support area.

Technical indicators offer mixed signals. While the recent bounce hints at bullish intent, the downsloping moving averages and underwhelming volume could limit the strength of any uptrend. As with many altcoins, XRP’s movements are still largely synced with those of Bitcoin and Ether.

That said, investor interest in major altcoins like XRP, especially during periods of ETF speculation and regulatory developments, continues to spark bouts of volatility that traders may find useful for swing opportunities.

If XRP bulls manage to reclaim key resistance zones, the token could aim for the $0.70 level — a prior point of rejection and a critical area for confirming trend reversal. On the other hand, a breakdown below current support lines could open the door to more downside in the short term.

Overall, XRP price remains in a consolidation zone, with key technical levels defining the token’s next move. Traders will be watching closely to see if accumulation near $0.50 translates into a meaningful breakout — or if bearish pressures push prices lower once again.

Bitcoin and Ether attempting to lift from recent lows may support XRP’s recovery

Related: XRP Price: $12M Max Pain for Bears

For now, XRP traders should focus on defending essential support levels while eyeing the $0.57–$0.65 zone for confirmation of a bullish reversal. As developments unfold across the broader crypto ecosystem, XRP stands positioned to capitalize if conditions turn favorable.