Can Bulls Reclaim Control of XRP Price? Market Analysis Shows Potential for a Comeback

XRP is facing a critical test as it re-examines its support near $3.13 after briefly dipping below $3.00. The 4-hour chart reveals a classic breakdown-retest scenario, where reclaiming the trendline could act as resistance for bulls. While XRP retraced to near $2.95 before rebounding towards $3.13, its price action now hinges on whether buyers can secure a sustained upward move beyond this crucial level.