XRP Shows Signs of Recovery as ETFs and Buy Signals Strengthen Outlook

• Historical 1.8B XRP accumulation highlights $1.75 as a key support, reinforcing the level’s importance.
• TD Sequential flashes a buy signal, boosting confidence in XRP’s short-term recovery.
• ETF inflows and upcoming XRP ETF launches strengthen the market outlook.

Amid bearish momentum, the XRP price reached an intraday low of $1.89, a decline of over 2% in the last 24 hours and more than 16% in the last week. Notably, some analysts had predicted XRP could even fall below $1 as the bearish momentum intensified. However, the coin soon found support at the $1.85 level and is now making another attempt at the $2 level.

1.8 Billion XRP Bought at Key Level

According to a chart shared by analyst Ali Martinez, 1.8 billion XRP were previously purchased at around $1.75, establishing this as a significant support level. Furthermore, the analyst said in a separate post t…

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