📈 XRP Rebounds with V-Shaped Recovery – Eyes on $3.40 Target 🚀
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. 🔥
Key Highlights:
✅ 24h Gain: +0.78%, closing at $2.3979
✅ Strong Support: $2.32 held firm on high volume
✅ Resistance Tested: $2.39 during early sessions
✅ Open Interest: Surged 53% to $5.06B, signaling bullish sentiment
✅ Target Levels: $3.33 to $3.40 (with upside to $5.86)
📊 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.
🔍 Watch $2.35–$2.40 support closely. If maintained, we could see XRP push toward $3.40 in the near term.