XRP Rebounds to $1.40 After 14% Drop as Traders Await Trend Confirmation
- —XRP slid from $1.52 to $1.31, losing about 14%, then rebounded to roughly $1.40
- —XRP is up 46% over 90 days, with market cap peaking at $93.7 billion, or 3.3% of the total market
- —A clear break above $1.51945 would strengthen the bullish case, with targets at $1.72964 and $2.11767
- —A drop below support at $1.37959 opens the way to $1.33098 and $1.10330
Why it matters: The battle over the $1.52 and $1.38 levels will determine whether XRP resumes its uptrend or extends its correction.
Source: Digital Today