XRP Surges 40% as Bullish Divergence Triggers Rally Toward $1.60 Test

XRP has staged a remarkable comeback, surging roughly 40% from its recent low near $1 to trade around $1.40.

This rally has put several key resistance levels back in focus after months of subdued price action, according to Egrag Crypto's analysis.

The move appears to validate the bullish divergence identified by independent market analyst Egrag Crypto, who had flagged the setup days before the price surge began.

As XRP's price continued forming lower lows near $1, the Relative Strength Index (RSI) stopped following price lower and instead began building higher lows, suggesting that selling pressure was exhausting itself beneath the surface.