Saad Ullah
⬤ XRP is finally showing some life after what's been a pretty rough corrective stretch. The token has clawed its way back above a crucial support level around $2.26, sitting right at the base of its recent downtrend. Market watchers say this recovery could mark the beginning of something more substantial, especially if the current support zone continues to hold firm.
⬤ Looking at the daily chart, you can see three clear chapters in XRP's recent story. First came a strong rally, then a long sideways grind that eventually broke down into a proper downtrend. Now we're in phase three—a rebuild from that downtrend bottom. XRP has pushed back above previous reaction levels and entered what traders are calling an expansion phase. The move looks healthier than what we've seen in weeks, with price action finally generating some positive momentum after months of going nowhere.
⬤ The technical setup here centers on a key zone between $1.88 and $2.20 that's now acting as support after previously being resistance. That flip is significant—it's the kind of structural change that can define whether we're looking at a real reversal or just another bounce. If XRP can stay above this area, the next targets come in around $2.50 to $2.75. But if support fails, we're probably headed back to square one in the consolidation range.
⬤ What makes this interesting is the timing. When assets reclaim important levels after extended corrections, it often signals a shift in market psychology. For now, the momentum looks positive and attention is turning toward whether XRP can actually follow through on this early-stage bullish structure. The next few sessions should tell us whether this is the start of a bigger move or just another head fake.
Saad Ullah
