XRP is regaining momentum after a recent price dip, sparking optimism among market participants. With renewed buying interest and a steady uptrend, XRP is now trading around $3.56. Market watchers are closely monitoring the chart for signs of a breakout toward the psychological $4.00 level.
XRP Price Recovers from Recent Lows
Following a decline that pushed the asset near the $3.42 zone, XRP price has staged a strong recovery. On the candlestick chart, the price is currently sitting at $3.56, showing a series of higher lows and renewed bullish structure.
The recent green candles signal renewed buyer interest, suggesting a potential continuation of the rally. If XRP holds above the $3.50 support, a test of higher resistance levels may follow soon.
All Eyes on the $4.00 Level
With momentum building, many traders are eyeing $4.00 as the next key resistance. The climb from $3.45 to $3.56 reflects growing confidence, and the market is poised for further upside if buyers maintain pressure.
A clear break above the $3.60 zone could lead to an acceleration toward $4.00, especially with strong volume and sentiment backing the move. XRP’s bullish trend appears to remain intact, and the coming days will be crucial for confirming the breakout.
Saad Ullah
Saad Ullah