XRP has pulled back roughly 2% over the past 24 hours after facing rejection near the $1.44 resistance area. The price is now hovering around a key support zone between $1.30 and $1.35, which traders are closely monitoring for the next move.

On the fundamental side, Ripple’s RLUSD integration with EDX Markets continues to strengthen its institutional liquidity story, supporting longer-term adoption even amid short-term market volatility.

Sentiment is split across the market. Some analysts point to a bullish falling wedge formation that could drive a recovery back toward $1.44 or higher if momentum improves. Others caution that losing the $1.35 support could trigger further downside toward $1.28 or even $1.11.

With RSI currently in an oversold range of 31–38, a short-term rebound remains possible, though overall sentiment remains mixed.

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