Key facts
- XRP briefly fell below $1.14 support on Sunday.
- The token reached a session low of approximately $1.12 on high volume.
- Buyers quickly absorbed the selling pressure, leading to a rebound.
- XRP is trading within a broader $1.10 to $1.30 range.
- Analysts are divided on whether the current range represents base-building or a continuation pattern.
XRP experienced a brief but notable dip below a key support level near $1.14 on Sunday, trading on some of the session's heaviest volume and reaching a low of approximately $1.12. However, buyers quickly stepped in, absorbing the selling pressure and driving the token's price back toward $1.15 within hours. This swift recovery suggests continued activity within the $1.10 to $1.15 support zone, even as immediate resistance holds near $1.15.