⬤ XRP just pulled off a pretty solid bounce after dipping back down to a support zone it's been dancing around for months. The token dropped all the way back to its April 2025 lows before flipping direction and heading higher. This support area has basically been acting like a safety net whenever sellers get aggressive, and it's held up once again.
⬤ The past few months have been a wild ride for XRP, with the price swinging between resistance levels and support zones pretty aggressively. This particular support band has repeatedly caught the falling price, even when those sharp downward wicks looked scary. After touching this zone again, things stabilized and the token started climbing back up, suggesting sellers ran out of steam instead of pushing it lower.
⬤ The bounce took XRP from around the mid-$1.70s all the way back above $2.00. When the chart was captured, XRP was sitting around $2.06—a clear sign that buyers stepped in hard after that multi-month support held firm. The price action shows a shift from the longer downtrend into a short-term recovery phase.
⬤ Why does this matter? Because XRP traders pay close attention to these long-term technical levels, and when a multi-month support zone holds up like this, it reinforces its importance as a major reference point. With the downside risk taking a breather for now, eyes are turning toward higher targets—especially that $3 level that's been mentioned as a potential next stop. How XRP handles the move toward these upper zones will tell us a lot about where market sentiment is heading next.
Saad Ullah
Saad Ullah