Expert IDs Key Resistance Levels for XRP Rebound
XRP has seen a sharp pullback after its recent rally, which pushed the price up by 71.8% from $0.988 to $1.698.
The correction now stands at around 20%, and according to an expert's analysis, this is a zone of significant demand for XRP.
The UTXO Realized Price Distribution (URPD) data shows that approximately 3.2 billion XRP changed hands between $1.35 and $1.38, making it a natural area for buyers to step in.
The heaviest concentration of supply clusters sits at $1.86, where 3.47 billion XRP were traded, representing the most significant resistance level above the current price.