$XRP has rebounded sharply after a steep decline, establishing strong support near the $2.0794 level—just above the critical psychological barrier at $2.00. This area served as a key demand zone, allowing bulls to step in and regain short-term control following earlier selling pressure.
The price has since recovered to $2.1356, signaling the start of a potential rebound. A series of bullish 15-minute candles is forming, indicating buyers are gradually regaining momentum. If XRP can maintain a foothold above the $2.10 level, the next upside targets include resistance levels at $2.1565, $2.1843, and $2.2058.
Trading activity remains robust, with over 165.56 million XRP and 357.89 million USDT exchanged in the past 24 hours—underscoring continued market interest. While the bounce is promising, bulls must now defend the $2.10 zone. A breakout above $2.16 could pave the way for a stronger bullish leg.
As long as the $2.00 support holds, XRP remains well-positioned for further upside. The focus now shifts to whether buyers can turn this intraday recovery into a sustained reversal.
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