The cryptocurrency market continues to experience fluctuations in price, with XRP being no exception. According to recent data, the XRP price has started to recover from its previous downtrend, breaking above $1.3620 and currently trading below $1.3850.
This rebound is significant, as it indicates a potential shift in market sentiment towards XRP. The bulls are now eyeing a move towards the $1.3940 resistance level, which could potentially send the price to $1.420 or even higher.
However, if the price fails to clear this hurdle, a fresh decline could ensue, with initial support near the $1.3620 level and subsequent levels at $1.3550, $1.3450, and $1.3350.