$XRP: Is $1.16 the Beginning of a Recovery?

XRP is approaching a potentially important turning point after sustained selling pressure.

The reported retest of $1.16 puts a key support level back in focus. Now the question is whether buyers can defend it and establish a meaningful recovery.

Daily outlook | XRPUSDT

Key support: $1.16
Upside objective: $1.87
Time horizon: December 2026, conditional on bullish confirmation

A successful rebound from $1.16 could create the foundation for a stronger recovery. However, reaching $1.87 would require approximately 61% upside from that support level.

That's an ambitious move, not a guaranteed outcome.

A sustained breakdown below $1.16 would weaken the bullish thesis and increase downside risk.

The opportunity isn't simply buying every decline. It's identifying when buyers actually regain control.

Do you see $1.16 as a potential bottom, or would you wait for stronger confirmation?

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$XRP