XRP Leads Crypto Market With Double-Digit Surge After Sharp Sell-Off
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- XRP jumped 25% after a sharp dip, leading the broader crypto rebound.
- Whale accumulation surged, with over 1,300 large transactions recorded during the drop.
- Analysts now watch the $1.50–$1.60 resistance zone for continued bullish momentum.
The broader crypto market is showing signs of recovery, and XRP has emerged as one of the strongest performers, recording an impressive 25% rally after a recent sharp decline. The token rebounded quickly from lows below $1.15 and climbed back above the $1.50 level within hours.
Why The Surge?
Market analysts said that XRP experienced a significant liquidity sweep, briefly pushing prices lower before strong buying demand drove a rapid rebound. They described the move as a classic V-shaped recovery, where heavy selling is quickly followed by aggressive accumulation.
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