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XRP’s Rebound Faces a Tougher Test Than Breaking $1.30

XRP’s Rebound Faces a Tougher Test Than Breaking $1.30

Photo: DailyCoin

XRP has edged back toward $1.30 after a bruising October, but the recovery is running into a contradiction: network activity is improving while demand from U.S. trading venues appears to be fading. The token traded near $1.25 to $1.28 in the latest reports, recovering modestly as broader crypto markets remained cautious. One market analysis pointed to a bullish Bollinger Band setup and a potential larger upside move, though that view depends on XRP holding its recent gains in an unsettled market.

Source: DailyCoin

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