XRP Tests Critical Support Zone After 71.8% Price Surge

XRP's price surge has led to it testing a crucial support zone after rising by nearly 71.8% from $0.988 to $1.698.

According to crypto analyst Ali, XRP is currently trading near key support levels, following a 20% correction in its price.

The support range between $1.35 and $1.38 has seen around 3.2 billion XRP traded, making it one of the most significant demand levels for the asset.

As long as this support holds, the next resistance barrier to watch is between $1.60 and $1.86, with key price points at $1.60 (1.99 billion XRP traded), $1.68 (1.98 billion XRP traded), and $1.86 (3.47 billion XRP traded).

A breakout above $1.86 could pave the way for a rally towards $2.19, where another 3.12 billion XRP were previously traded.