XRP Pulls Back After Sharp Rally, Eyes Key Support Zone
XRP has rebounded after being rejected near resistance at $1.66, trading at $1.46 as of August 28.
This comes on the heels of a sharp rally that pushed prices into resistance before reversing lower.
Historically, XRP corrections have taken time to play out, rather than resolving quickly.
The broader support zone under close watch sits between $1.10 and $1.38, with more specific levels being tracked at $1.38, $1.29, $1.21, and $1.10.