XRP has recovered from this week’s sharp sell-off after defending the $1.07 support zone, with traders weighing an emerging bullish chart breakout against persistent geopolitical and regulatory risks that continue to cap upside.
Summary
- XRP has rebounded from $1.07 after defending key support, while a descending channel breakout has revived bullish sentiment.
- RSI bullish divergence, improving MACD momentum, and liquidation clusters near $1.14 support the case for further upside.
- Geopolitical tensions, ETF outflows, and uncertainty over the CLARITY Act remain key risks that could derail the recovery.
According to data from crypto.news, XRP (XRP) price was trading…
