Will XRP Bounce Back or Fall Further?

After a recent downturn, XRP shows signs of life, closing today’s session at $2.1320 with a modest 0.79% gain. While analysts are cautious about whether this is just a brief relief bounce, there are signals of potential recovery. Let’s analyze the technical setup and project XRP’s next moves over the coming 48 hours. Is this a fleeting rebound or the start of a new bullish run? We will delve into technical indicators and support/resistance levels to decipher the future trajectory of XRP.