XRP briefly broke below a closely watched support level on Sunday before buyers stepped in. The token fell to roughly $1.12 on some of the session's heaviest volume, then rebounded toward $1.15 within hours, leaving traders focused less on the decline itself and more on whether the latest test of support signals accumulation or another pause in a broader downtrend.
Price Action Details: Volume Surge Triggers Quick Recovery
XRP slipped from $1.1451 to $1.1383 over the 24-hour session, a decline of about 0.6%. Selling accelerated around 21:00 UTC when volume surged to 85.8 million XRP, pushing the price down to a session low near $1.1213. Buyers quickly absorbed the move, driving XRP back toward $1.148 and recovering most of the breakdown before consolidation set in.
Technical Picture: Support and Resistance Both Tested
The initial break below $1.1385 looked significant, particularly because it occurred on the largest volume spike of the session. But the recovery was equally important. XRP reclaimed nearly 80% of the decline and returned to the middle of its recent range. The failure to hold below $1.13 suggests buyers remain active inside the broader $1.10-$1.15 support zone. At the same time, the rebound stalled near $1.147-$1.149, reinforcing that area as short-term resistance.
Key Levels for Traders to Watch
Immediate battleground remains $1.13-$1.14, having just absorbed the latest wave of selling. Resistance sits near $1.147-$1.15, where the rebound lost momentum. The broader range is still intact between roughly $1.10 and $1.30. A sustained move outside either side of that range would likely provide the first meaningful directional signal XRP traders have seen in weeks.