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Crypto

XRP Price Bounces from Lows, But Major Resistance Remains

Guavy AI Editorial Team
Instruments
XRP
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XRP's price has rebounded sharply from its August lows near $1.00, reaching around $1.42.

This recovery has shifted the short-term structure back to the upside for XRP, but it is still trapped below a major resistance area.

The daily chart shows a significant bullish impulse from the $1.00 area, followed by a consolidation above the former resistance around $1.30.

XRP has reclaimed the $1.30 zone, which now represents an important support area for the crypto.

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