XRP to $4 Possibility Returns as Price Makes Crucial Rebound

Key Points

1. XRP rebounded to an intraday high of $3.214 after dropping to a low of $2.96, following three days of downward pressure.

2. The cryptocurrency has dropped over 6.56% in the last week, with more than $105 million in XRP long positions liquidated amid a broader crypto market decline.

3. Market analysts suggest that holding above $3.20 indicates strong bullish defense, potentially leading to a push toward the $4 resistance level.

4. A break below $2.96 could signal a deeper correction to $2.60, while holding above $3.66 might propel XRP to higher levels.

5. XRP is regaining investor interest amid ETF-driven optimism, despite recent large-scale liquidations.