XRP Price Bounces 7%, But Buyers Must Clear $1.47 For Convincing Reversal
XRP price surged by approximately 7% after testing $1.32, but a decisive reversal is still elusive as buyers need to clear $1.47.
The recent rebound has not yet reversed the full decline from $1.70, and XRP's chart now has a separate test. The move arrived during a broader large-cap recovery, which gives XRP support, but the token's own chart shows selling pressure may be easing.
A daily close above $1.47 would indicate that buyers have moved beyond the first bounce from support and begun to reclaim the earlier decline. Until then, the move remains a recovery attempt rather than a confirmed trend reversal.