The token rebounded from recent lows as futures traders clustered around support, pointing to defensive positioning rather than a broad risk-on breakout.
XRP recovered from recent lows after a late burst of trading activity, but its performance still trailed the wider crypto market. The move came as futures traders positioned around key support levels, suggesting the rebound was driven in part by short-term derivatives activity rather than stronger relative momentum. In crypto markets, support refers to a price area where buying interest tends to emerge, while futures positioning can amplify moves as traders hedge or speculate around those levels.