XRP Reclaims Lost Ground, But Can it Break Above $1.45?

XRP has been on an upward trajectory, gaining +6.5% in value and reclaiming most of its lost ground from last week's fakeout above resistance.

According to technical analysis, this rebound is worth watching closely, as the token tested this exact zone before being rejected hard.

The current setup looks familiar, with XRP rallying toward $1.45 earlier in the week, pushing into the top of its trading range, failing to clear it, and slipping back below $1.41.

Short positioning has been building steadily since September 18, but funding rates remain positive, indicating that those shorts haven't been squeezed out yet.