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XRP Latest News Just Pulled a Stunning Comeback: Why $3.21 Could Be the Make-or-Break Level
XRP holders just got a pleasant surprise. After what looked like the start of a nasty selloff, the cryptocurrency pulled off one of those classic crypto reversals that catches everyone off guard. Now all eyes are on one crucial level that could determine where XRP heads next.
XRP Shocks Bears with Powerful Recovery
XRP completely blindsided traders with its sharp bounce from recent lows. The crypto briefly flirted with danger below its consolidation zone, but instead of crashing to the expected $2.77 target, it rocketed back above $3.09 like nothing happened.
XRP Price Eyes Critical $3.21 Resistance Battle
Here's where things get interesting. The new game plan has shifted, with $3.21 now marked as the key resistance level to watch instead of the earlier $3.41 target.
Fibonacci retracement zones around $3.168–$3.21 are backing up this technical level, making it a legitimate short-term test for the bulls. Analysts are expecting only minor pullbacks in that 0.118–0.236 retracement sweet spot before XRP makes its move on $3.21.
Right now, XRP is trading near $3.09 with momentum that's got bulls feeling pretty confident about pushing higher. If they can crack that $3.21 resistance and flip it into support, we could see XRP set its sights on even bigger targets. But if it gets rejected there, well, that's when things might get interesting again for the bears.