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Crypto

XRP Returns to Resistance Near $1.42 Amid 7% Rally

Guavy AI Editorial Team
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XRP
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XRP has returned to resistance near $1.42 after gaining almost 7% in the past 24 hours, according to CoinMarketCap.

The token traded near $1.44 on Bitstamp's XRP/USD daily chart before settling around $1.42 at 07:33 UTC, with trading volume approaching $5 billion, roughly 75% higher than during the preceding 24-hour period.

This latest rebound began from a lower area and crossed the descending trendline drawn across September highs, but has now returned to the point where previous attempts failed.

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