Shams trader$XRP has spent months in a steady downtrend and is now sitting on a major long-term support zone where buyers are starting to defend the price.
If that support continues to hold, momentum could gradually shift back in favor of the bulls.
The real test comes at the $2.70 resistance. A breakout above that level could trigger a strong rally toward the previous all-time high around $3.50–$3.70.
But if support around $1.00 fails, the bullish outlook would weaken and sellers could take control again.
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