XRP spent the past 24 hours locked in a volatile range, falling from $3.02 to $2.84 before finding buyers clustered around $2.85–$2.86. The token ended near $2.89, down 4.3% on the session.
Momentum indicators have steadied, with RSI rebounding from 42 to mid-50s and MACD converging toward a bullish crossover. Intraday volumes surged to 273M, confirming active institutional positioning during the rebound.
Key levels to watch include $2.85 support and $3.02 resistance. A decisive move higher could trigger follow-through to $3.20, while a breakdown risks exposing $2.80. Traders continue to weigh strong network growth against ongoing distribution from large holders.
