XRP Rebound Gains Momentum Above $1.50 Amid Short-Term Bullish Indicators

XRP has begun a fresh recovery campaign, pushing its price above $1.50 after a short-term pullback.

The token's rebound effort was sparked by a change in momentum, with the Directional Moving Index (DMI) and MACD indicators flipping green.

According to chart data, XRP has recorded multiple green 30-minute candlesticks over the past four hours, with eight bullish closes out of nine during this period.

The price action eventually faced resistance around the $1.5265 level, which previously acted as support during the correction on Wednesday.

Despite this roadblock, XRP has maintained its lead among the top 10 cryptocurrencies, with a 15.94% spike in the past week surpassing the gains of Bitcoin and Ethereum.