Saad Ullah
XRP has caught fire again, bouncing hard off crucial support levels and reigniting bullish hopes among traders. The cryptocurrency's recent 15% surge from $2.60 lows has put $3.80 firmly back on the radar.
XRP Price Action: From Hero to Zero and Back
The journey's been wild for XRP holders lately. The token previously crushed it during what traders dubbed the "Bullish Beauty" phase, rocketing from $3.00 straight up to $3.65 in impressive fashion. But like most crypto rallies, gravity eventually kicked in near that stubborn $4.00 resistance wall.
What followed wasn't pretty - XRP got hammered down toward $2.60 support, leaving many wondering if the party was over. But here's where it gets interesting: that support level held like a champ, and now we're seeing a proper bounce-back.
Bulls Target $3.80 as XRP Price Momentum Shifts
Currently trading around $3.27, XRP has clawed back 15% from those painful lows. The technical picture's looking much brighter now, especially if this momentum can stick around.
The game plan's pretty straightforward - hold above that $3.00 psychological level, and XRP could easily push toward the $3.75-$3.80 zone. That's where things get really spicy, sitting just below the major $4.00 resistance that's been causing all the trouble.
Key levels to watch: $3.00 and $2.60 on the downside, while $3.65-$4.00 remains the big test upstairs. If buying pressure keeps building, another 15% pop toward $3.80 looks totally doable.
Saad Ullah
