Overview
- XRP is trading near $1.46 after a strong 24-hour bounce that briefly reclaimed the $1.50 level.
- The recovery followed a rapid slide to roughly $1.11–$1.16 earlier this week, aligning with analysts’ near-term accumulation zone.
- Santiment tracked about 1,389 transactions of at least $100,000 during the dip and a jump in unique XRP Ledger addresses to 78,727 in one 8-hour window.
- Technical readings still show a descending channel, with a daily close above $2.00 viewed as the confirmation needed for a broader reversal.
- Analysts warn that a decisive break below $1.25 would increase the risk of a move toward $1.10 or psychological support near $1.00.