๐ XRP Rebounds with V-Shaped Recovery โ Eyes on $3.40 Target ๐
XRP has bounced back strongly after a sharp sell-off, now trading near $2.40 with solid support at $2.32-$2.35. A V-shaped recovery pattern is in play, with bullish momentum building. ๐ฅ
Key Highlights:
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24h Gain: +0.78%, closing at $2.3979
โ Strong Support: $2.32 held firm on high volume
โ Resistance Tested: $2.39 during early sessions
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Open Interest: Surged 53% to $5.06B, signaling bullish sentiment
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Target Levels: $3.33 to $3.40 (with upside to $5.86)
๐ Technical Indicators point to a bullish breakout. Buyers are stepping in aggressively, forming higher lows and pushing the price upward.
As global tensions and regulatory developments unfold, XRP is showing remarkable resilience.
๐ Watch $2.35โ$2.40 support closely. If maintained, we could see XRP push toward $3.40 in the near term.