XRP Price Shows Signs of Recovery After Months-Long Decline

⬤ XRP is finally showing signs of life after months of relentless selling. The digital asset is now hovering around a historically strong support zone where buyers have stepped in before, and the selling frenzy appears to be losing steam. Primary source, the current price action suggests XRP might be carving out a base that could set the stage for what comes next.

⬤ The past few months haven’t been kind to XRP holders. The token went through a brutal sequence of lower highs after sideways trading gave way to a deeper slide. But now, at this major support level, something’s shifted. The recent candles show less aggressive selling than we’ve seen in previous drops, hinting that the market might be trying to find its footing instead of spiraling further down. Similar patterns were spotted in XRP faces crucial technical test.

⬤ If XRP can hold here and build on the current momentum, the next logical target is the overhead resistance zone - the same area where earlier distribution played out. This could mark a real shift from the ongoing downtrend into a proper corrective bounce. The setup shares similarities with patterns discussed in XRP breakout potential after consolidation.

⬤ Why does this matter? When a crypto sits at support for an extended period, it often precedes a big move in either direction. If XRP manages to defend this base, it signals improving short-term sentiment. But if support crumbles, the downtrend stays alive and any hopes of recovery get pushed further down the road.