XRP shows signs of rebound, can it start a new round of increases?

XRP has rebounded from $2.3471 and is currently trading at $2.4161, showing initial signs of a warming buying sentiment. After falling from the high of $2.6549, the market is trying to regain momentum. If the trend continues, bulls are expected to push prices to test key resistance again.

Bull trading references:

Entry range: $2.40 – $2.42

Target one (TP1): $2.5050

Target two (TP2): $2.6540

Stop loss: below $2.34

Trading volume is recovering, and the current rebound may be an early signal of a potential trend reversal. Short-term traders should pay attention to whether it can stabilize above the $2.42 level.