XRP Rebounds to $1.35 as Price Consolidates After 8% Surge

XRP has surged 8% in a day, rebounding from the sub-$1 area. The price is currently consolidating around $1.35.

The daily chart shows an improvement after the recent rally, with the RSI returning to neutral territory from overbought levels.

A key near-term support zone is the 200-day moving average at approximately $1.30, and holding above this area would maintain the recent structural recovery.

The upside resistance lies in the $1.60-$1.70 zone, marked by the recent swing high.