$XRP has shown a strong V-shaped rebound from the 0.5536 level, signaling that buyers are stepping in aggressively on dips. As long as the price holds above 0.61, this recovery trend remains valid and could push toward the 99-day moving average zone.
- Key support: 0.61
- Bullish confirmation: A break and hold above0.64 could boost momentum.
- Next targets: 0.66 and potentially0.69
- Setup invalidation: If price drops below $0.59
Overall, the trend seems to be shifting from panic selling to more controlled accumulation. I’m closely watching for a solid reclaim to confirm this shift.
