XRP News Today: XRP Rebounds 1% at $2.01 Support Amid Geopolitical Tensions

XRP, the cryptocurrency, has shown signs of recovery, rebounding at the $2.01 support level. This rebound is accompanied by a bullish divergence forming on lower timeframes, indicating a build-up of momentum within the descending channel. Despite this positive movement, XRP must reclaim the $3.00 mark to validate a macro reversal. Critical support zones at $1.90 and $1.55 remain essential for maintaining this upward trend.

Volume spikes and RSI trendlines suggest growing institutional activity near accumulation zones, as the price stabilizes from a prolonged correction. This stabilization is crucial for XRP's potential recovery, as it indicates a shift in market sentiment towards a more bullish outlook.

Geopolitical tensions, particularly the increased tensions after U.S. attacks on Iranian nuclear facilities, have ignited market reactions, contributing to XRP's movement. According to analyst CasiTrades, XRP reached its crucial $2.01 support level amidst these tensions. A rebound from Fibonacci levels has confirmed that this action is compatible with a long-awaited consolidation slump. Momentum indications point to a possible short-term reversal. However, traders remain cautious in the absence of evidence from longer timeframes.

The technical outlook for XRP shows a descending channel with support and resistance lines guiding recent actions. XRP had previously peaked near $2.5000 before entering a prolonged corrective phase. Key Fibonacci retracement levels now dominate the chart, with the 0.618 zone at $1.9924–$1.9802 providing strong support and the 0.5 level at $2.1363 presenting major resistance ahead. These zones coincide with past consolidation points, making them important for future price movements.

The RSI on the 15-minute and 1-hour charts reveals bullish divergence, suggesting possible upward momentum is forming. On the 1-hour chart, a trendline begins to take shape, offering a tool to track further movement. However, the RSI currently reads 43.15, indicating weak but stabilizing sentiment. Overbought levels previously seen above 80.00 have sharply corrected, mirroring the larger downward trend still in play.

Volume spikes confirm major reaction zones, highlighting institutional interest, especially near key support levels. Green highlighted areas show where accumulation might be underway, often preceding strong reversals in historical patterns. However, XRP reclaiming $3.00 confirms a longer-term reversal. Until then, lower supports at $1.90 and $1.55 remain active. Momentum continues to build within the descending channel, and traders monitor closely for breakout or breakdown confirmation.