XRP Rejection Despite Volume Surge: Could Ripple’s Price Rebound?

Despite a significant surge in trading volume, XRP experienced its first price rejection at the $2.30 mark. While the coin saw a 124% jump in volume to $5.92 billion, this hasn’t translated into an immediate price breakthrough. As of writing, XRP stands at $2.24, down from its previous high of $2.30 after facing rejection. Despite this dip, volume remained substantial at 116.26%, reflecting investor interest in the asset.