XRP Jumps 17% as Buyers Step In After Sharp Breakdown

XRP is staging a sharp intraday rebound, rising roughly 17% on the day after an aggressive selloff pushed price into the low-$1.20s.

The move comes after sustained downside pressure throughout late January and early February, with buyers finally responding to exhaustion on the hourly timeframe.

XRP is now trading near $1.50, retracing a portion of the prior decline but still well below earlier breakdown levels.

Downtrend Accelerated Before Reversal Attempt

The 1-hour chart shows a persistent sequence of lower highs and lower lows, with price sliding steadily from the $1.90–$2.00 region toward the February lows. Selling pressure intensified into the $1.20–$1.25 zone, where downside momentum finally stalled.

That area marked the most aggressive volume expansion on the chart, coinciding with the local low and signaling capitulation rather than controlled selling.

Rebound Develops From the $1.20–$1.25 Base

From the lows, XRP rebounded sharply, reclaiming multiple short-term levels in quick succession. The speed of the move suggests reactive buying rather than a slow accumulation phase, consistent with relief rallies seen after liquidation-driven drops.

Despite the strength of the bounce, price has not yet reclaimed former support zones from earlier in the decline, keeping the broader structure fragile.

Key Levels Now in Focus

Based on visible price structure:

• Current price: ~$1.50
• Immediate support: $1.40–$1.45
• Downside support: $1.20–$1.25 (recent low)
• Near-term resistance: $1.60–$1.65
• Higher resistance: $1.75–$1.80

Holding above the $1.40–$1.45 area keeps the rebound intact. A loss of that zone would raise the risk of another test of the recent lows.

Momentum Improves, Structure Still Recovering

Short-term momentum has clearly shifted, but the broader trend remains corrective. XRP would need to reclaim and hold above the $1.60–$1.65 region to signal stabilization beyond a reflex bounce.

Until that happens, the move remains a counter-trend recovery within a wider downtrend rather than a confirmed reversal.

Structural Takeaway

XRP’s 17% daily gain relieves immediate downside pressure after a sharp capitulation move, but the broader structure remains under repair. The rebound highlights strong demand at lower levels, yet confirmation will depend on whether price can build acceptance above nearby resistance rather than fade back into the prior range.

For now, XRP sits at an inflection point between stabilization and renewed volatility.

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