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Ripple (XRP) Price Rebounds to $1.33 Range… Up 2.2% in 24 Hours, Approaching Intraday High of $1.3465

Ripple (XRP) has climbed back into the $1.33 range, continuing its short-term rebound. It has risen about 2.2% over the past 24 hours, and as the price trades near its intraday high, market attention is focused on whether further gains are possible. ■ Current price… approaching the upper end of the

Wooil Shim
Staff Reporter
4 min read
Ripple (XRP) Price Rebounds to $1.33 Range… Up 2.2% in 24 Hours, Approaching Intraday High of $1.3465
CBC News

Ripple (XRP) has climbed back into the $1.33 range, continuing its short-term rebound. It has risen about 2.2% over the past 24 hours, and as the price trades near its intraday high, market attention is focused on whether further gains are possible.

■ Current price… approaching the upper end of the intraday range

According to the price on the 21st, Ripple (XRP) is trading at $1.3345. The day's high was recorded at $1.3465 and the low at $1.2865. The current price is $0.0120 below the intraday high. The gap between the low and the current price is $0.0480, putting the price about 3.73% above the day's low. Notably, the price is positioned near the top of the range formed over the day.

■ Short-term momentum and resistance zone

In the short term, buying pressure has lifted the price. However, profit-taking orders are likely to emerge near $1.3465, so price action after approaching the high warrants attention. The key question is at what level the price stabilizes following the rise.

If trading volume holds steady and the price does not fall sharply near the high, it will confirm whether the short-term bullish trend continues. Conversely, if the price fails to break through the high and gives back its gains, expanded volatility cannot be ruled out.

■ Downside level to watch

On the downside, the day's low of $1.2865 is the level to watch. Although it is some distance from the current price, whether that zone is retested in the event of a downturn could serve as a reference for judging the short-term trend.

■ Future checkpoints

Ripple (XRP) is maintaining a positive 24-hour gain and is positioned at the upper end of its intraday price range. However, it remains uncertain whether the short-term rebound will translate into a sustained uptrend. The price reaction around $1.3465, changes in trading volume, and whether gains hold are cited as key variables for gauging the short-term trend.

[This article is intended to provide information for investment reference purposes and does not recommend the purchase or sale of any specific asset. Conditions may vary depending on market circumstances. Investment decisions and any resulting responsibility rest with the investor. AI provided partial assistance.]

Wooil Shim
Staff Reporter

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