Zach Humphries eyes $1.30 rebound in XRP after recent drop to $1.17

Zach Humphries, a prominent cryptocurrency investor and analyst, stated that XRP could stage a recovery toward $1.30 after the token dropped below the $1.20 threshold. At the time of his comments, XRP was trading near $1.17, which Humphries identified as a possible entry point for a short-term swing trade. Humphries referred to XRP’s recent decline, noting that the asset lost the $1.20 support that he had previously highlighted as a potential weak point. The market’s movement down to around $1.17 brought XRP to a level where, according to Humphries, the cryptocurrency found stability in past months—particularly in June. Examining historical price data, he emphasized that this range between $1.16 and $1.17 holds technical importance.

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