XRP rebounds from $1.25 low, targets $1.33 resistance

XRP has registered its first notable gain in weeks, with the price rebounding from near $1.25 to trade close to $1.31. This marks a shift after a prolonged decline during October, as buyers showed renewed interest for the first time since September. Throughout much of October, XRP faced steady selling pressure, falling from $1.55 to a low near $1.25. Attempts by buyers to lift the price were previously met with quick sell-offs, resulting in a persistent pattern of lower highs and a dominance of red candles on price charts. The $1.25 to $1.30 region has emerged as a support zone. XRP’s recent session saw the token touch this area before swiftly bouncing away, printing an extended lower wick on the daily candle.

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