XRP Price Jumps Toward $1.50 Amid Surge in Binance Deposits

XRP's price has surged by 22% over the past three months after hitting a low of $1.25 last week, testing the $1.49 level on Monday.

The sudden rise follows a large drop earlier in the month when XRP fell toward $1.27, but buyers stepped in quickly to push its price higher, making this one of the strongest rebounds for the token this year.

Traders are now closely watching the $1.45 to $1.50 price range, as it has previously acted as a 'hard wall' where sellers capped gains. A clean move above $1.50 could open XRP's path toward $1.56 or even $1.80, while a rejection could send its price back down to test support near $1.38.