XRP Shows Signs of Short-Term Recovery as Buyers Step In

Market analyst Ether Guru highlights early signs of XRP recovery after a sharp sell-offto the $1.33–$1.35 support zone. The token has bounced, forming higher lows on short-term charts, signaling buyer interest and stabilizing sentiment.

Notably, XRP is showing renewed upward momentum after reclaiming the $1.40 zone. If support around $1.33–$1.35 holds, a relief rally could push XRP toward previous resistance levels, as sustained buying near this zone is key for continued gains.

Presently, XRP is trading at $1.42per CoinCodex data, showing a modest rebound from recent lows. With support holding, technicals suggest an upside target near $1.55, likely drawing short-term traders seeking to ride the bullish momentum.

XRP Rebounds Off Key Support, Eyes Short-Term Rally Toward $1.55

The recent sell-off pushed XRP below key support amid broader crypto market corrections. Yet, a clean bounce and higher-low formation indicate renewed buying interest, echoing past patterns where XRP rebounded after sharp declines, sparking short-term rallies. 

WisdomTree notes XRP’s payment innovations, positioning it as a practical solution for institutional adoption.

Therefore, XRP is depicting signs of a potential short-term recovery, bouncing off the $1.33–$1.35 support zone with sustained buying expected to drive a rebound toward $1.55 and beyond.

On the other hand, XRP has posted its largest on-chain realized loss since 2022, but on-chain metrics hint at hidden signals that may influence the market outlook. 

Conclusion

XRP’s rebound from $1.33–$1.35 shows renewed buyer interest, setting the stage for a potential rally toward $1.55. Sustained gains depend on market sentiment and the token holding key support, making close monitoring crucial.

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