#xrp In the recent rebound, things have temporarily stabilized. The current price is about $1.43, gradually rising from around $1.28 before. The weekly gain is roughly 1.33%, but the price is still below the key 50-week moving average at $1.56.

In simple terms, $1.56 is an important resistance level ahead. XRP would need to rise by about 10.5% to reach it. If it can break through and hold, the rebound may continue further; if it can’t, then it’s still crucial to watch whether support around $1.40 can hold.