XRP declined 10% in a recent 24-hour session but rebounded from a low of $2.96, indicating potential for bullish reversal amid institutional buying.
XRP fell 10.14% from $3.45 to $3.10 in a recent 24-hour period, reaching a low of $2.96 before rebounding. Trading volumes exceeded 175 million, indicating institutional accumulation at oversold levels. The price structure suggests a bullish reversal with resistance now at $3.23–$3.25. Analysts are watching for XRP to reclaim levels above $3.15 and confirm momentum through a breakout.