XRP rebounds to $1.30 as exchange reserves hit 11.81 billion

XRP has staged a moderate rebound, rising 2.15% in the past 24 hours to trade at $1.30, following an increase in ledger activity and a decisive recovery above the $1.28 support level. The token’s short-term prospects have drawn attention as analysts and traders watch key price zones and on-chain developments. Ali Charts, a market analyst known for tracking digital asset markets, identified $1.25 as a potential bottom for XRP after on-chain transaction values surged to $49.7 billion. This uptick in network activity coincided with the token’s rebound from oversold conditions.

Source: CoinTurk News