Overview
- XRP climbed about 5% on Friday to trade back above $2.30 after rebounding from the $2.20–$2.25 zone that repeatedly stalled selling this week.
- Short‑term momentum flipped positive as price reclaimed $2.27, the Parabolic SAR turned bullish, and a move above VWAP prompted short covering.
- CoinGlass data cited by Benzinga showed roughly $4 million in positive net flows today, signaling a tentative return of buyers after weeks of outflows.
- A daily close above $2.43 is the first hurdle to end the corrective phase, with further confirmation near $2.69 and room toward $2.90 if a breakout holds.
- A drop back below $2.20 would invalidate the rebound and expose $1.80–$1.90 downside targets, following a month that saw a roughly 24% decline and slower whale accumulation.