Analysis suggests that although XRP (Ripple) has recently shown a rebounding trend, a clear technical trend reversal signal has not yet appeared. According to market analysis, XRP has recovered some of its recent losses, but it is evaluated that the downward structure has not been fully resolved as it has failed to surpass its previous highs.

While an inflow of short-term buying, increased withdrawals from exchanges, and expectations surrounding ETFs (Exchange-Traded Funds) are improving investor sentiment, cautious views dominate, deeming it too early to consider this a full-fledged upward phase. The market's current focus is concentrated on the key price levels of '$1.20' and '$1.10'.

[XRP Key Price Levels and Outlook]

• Resistance Level ($1.20): This is the price level receiving the most attention from market participants. If this level is breached and stabilized, it can be interpreted as a signal of a short-term trend recovery. Conversely, if the upward movement fails, there is a possibility that the box-range trading pattern could be prolonged.
• Defense Line ($1.13–$1.14): This has emerged as a key defense line following the recent rebound. If this price level is maintained, further rebound attempts are possible, but if the support weakens, market anxiety could expand again.
• Downward Support Level ($1.10): Below, the area around $1.10 is cited as an important inflection point. If this support level breaks, there are forecasts that downward pressure could expand down to the $1.00 psychological support level.

Meanwhile, the recent XRP market is a phase where optimism, driven by ETF expectations and institutional capital inflow forecasts, and cautious views coexist. Experts believe that while the inflow of funds itself is a positive factor, whether the price breaks through major resistance levels will serve as a more important criterion in determining future directionality.

[Artificial intelligence was utilized during the article writing process to assist with organizing information and drafting. The information provided in this article is intended to convey general virtual asset news and does not constitute investment solicitation or financial advice. Virtual assets are subject to high price volatility, and any losses resulting from investments are the responsibility of the investor. Please ensure careful consideration and seek professional advice before making investment decisions. This publication bears no legal or financial responsibility for the provided information.]