$XRP

Ripple's native token appears to have resumed its bullish momentum after the sharp price drops recorded last week. The altcoin fell by more than 40% in the first few days of February, contributing to the largest wave of liquidations in the history of the market.

However, buyers managed to establish the $2.26 level as an important support, initiating a corrective bounce starting last Friday (7). With this, they are now trying to keep XRP above the 0.236 retracement level, at $2.46.