- Ripple closes in on $1.5 after rebounding from critical support at $1.
- XRP breaks out of a falling wedge pattern as technical align for a significant recovery.
Ripple is up 26% over the last 24 hours following a rebound from the support established at $1. This recovery took place in tandem with Bitcoin’s return above $50,000 and Ethereum’s rally past $2,500. XRP trades at $1.4 at the time of writing amid the bullish impact from the falling wedge pattern.