• Today’s rebound in $XRPprice may drive a renewed recovery in the falling channel pattern of the daily chart.
• The latest on-chain data shows firm conviction from small-to-mid tier investors of $XRP, while the whales continue to distribute in the market since last year.
• The $1.32 and $1.22 stands as key support levels for $XRPbuyers.

On Monday, the $XRPprice bounced