en
Back to the list

XRP rebounds from $1.4 – Can bulls push toward $1.67 next?

source-logo  ambcrypto.com 2 h
image

$XRP is starting to regain strength after holding firm at a critical demand zone near $1.4. The reaction from that level was not weak or hesitant.

Price bounced with intent, and since then, momentum has been building in a way that suggests buyers are stepping back in with confidence.

Demand zone shifts short-term bias

The $1.4 zone has now proven to be more than just temporary support. It acted as a base, and the rebound from it has shifted the short-term structure back in favor of buyers.

However, the path to test higher points of interest is not completely open. The market is now approaching a layered resistance area that could slow things down.

The supply zone between $1.5 and $1.6 stands as the immediate barrier. It is a zone where sellers previously stepped in, and it is likely to attract attention again.

Source: TradingView

$1.67 liquidity level remains the key target

Beyond the current supply zone, the larger objective sits around $1.67. This level represents both a prior high and a clear liquidity target.

Markets tend to gravitate toward such levels, especially when momentum is already building. A liquidity cluster worth 4.66 million at the 1.66 resistance level underlines the price level as a key target for Ripple buyers.

Still, reaching that level will depend on how price behaves within the $1.5–$1.6 range. A clean push through could open the path toward $1.67. A rejection, on the other hand, may lead to a pause or brief consolidation.

Source: CoinGlass

Fundamentals and on-chain metrics add weight to the move

That’s not all; there is also a shift happening beyond the charts. Recent comments from Ripple’s CEO about optimism for the CLARITY Act during an interview add a layer of fundamental support to the current price move.

While price action leads in the short term, key insights from the inner circle often reinforce direction. Positive regulatory developments tend to improve sentiment, and sentiment can translate into sustained demand.

This alignment between fundamentals and price is worth noting.

At the same time, the token’s trading activity has been recording sharp gains over the past few days. Over the last 48 hours alone, the number of active addresses on the network has surged by over 2k to the training amount at 18K.

Source: CryptoQuant

Among the active addresses, whales and institutional investors command a bigger share. The development is evident from surging whale orders and Open Interest in the derivatives data.

At press time, the token’s OI had surged by over 100 million to 949 million.

The side-by-side reaction among the large players speaks volumes. A breakout could be imminent in the near future.

Source: CryptoQuant

Final Summary

  • $XRP has reclaimed bullish momentum after a strong bounce from the $1.4 demand zone.
  • The $1.5–$1.6 supply zone stands as the key barrier before a potential move to $1.67.
ambcrypto.com