XRP Breaks Above $2.15 Support as Prices Target Mid-Channel Recovery Near $2.60

After a significant weekly gain, XRP has rebounded above the crucial support level of $2.15. The cryptocurrency currently trades near $2.20, showing strong resistance at $2.24 before potentially climbing towards its mid-channel target around $2.60. 1.7% gains against Bitcoin further boosted this short-term momentum. Analysts attribute the rebound to expanding DeFi applications and increasing institutional interest.