XRP price rebounded from the support zone of $1.05 to $1.15, but the upward momentum lacks strength. The decline in open interest indicates that this rebound is mainly driven by short covering rather than new long positions. Currently, XRP is approaching $1.30, facing strong resistance above. If it breaks below the key support level of $1.05, it could signal a deeper correction. If buyer confidence does not improve, XRP price may even fall below $1.00.

XRP-0,44%
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