XRP Breaks Above Trendline as Sharpe Ratio Hits 1-Year High
XRP has broken above its descending trendline on the daily chart and is currently trading around $1.36 after a sharp recovery from recent lows.
The Binance Sharpe Ratio for XRP has climbed to 0.207, its highest level since August 2025, indicating an improvement in risk-adjusted performance.
The immediate hurdle for the price recovery is near $1.40, followed by the broader resistance zone of $1.60-$2.00, which could determine whether XRP extends its rebound towards $2.