XRP Price Resilience Tests Market's Next Move

The XRP price has shown resilience in the face of heavy selling pressure, holding above $1.35 despite a sharp rally that peaked near $1.70.

However, market data presents a mixed scenario: while the price has pulled back from its local high, it continues to hold above key support levels.

The aggressive selling has been absorbed rather than immediately pushing the market lower, and open interest has cooled after its sharp spike.

This raises questions about whether there's another leg up or a deeper correction on the horizon.