XRP Price Resists Bearish Pressure: Bounce from Key Demand Zone Fuels Optimism

Despite a week of bearish pressure, XRP price has demonstrated resilience. A successful bounce off its key demand zone, marked by high trading volume, suggests potential for further upward movement. 24-hour trading volume has surged by 53.52%, highlighting the heightened activity around this level. While XRP is currently trading at $2.13, it’s strategically positioned above a historical support zone where price reversal has often occurred.