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Cryptocurrency News Articles

XRP Demonstrates Resilience Amidst Market Volatility, Strong Buying Interest Emerges at Key Support Levels

Jun 11, 2025 at 03:38 pm

The digital asset demonstrated resilience amid broader market volatility, with strong buying interest emerging at key support levels.

XRP Demonstrates Resilience Amidst Market Volatility, Strong Buying Interest Emerges at Key Support Levels

In the 12-hour chart of XRP, the digital asset demonstrated resilience amid broader market volatility, with strong buying interest emerging at key support levels.

XRP’s price fluctuated between $2.264 and $2.319, demonstrating a 2.37% range that highlights the ongoing uncertainty in the market. The token established a high-volume support zone at $2.273-$2.280, a level where buyers consistently emerged, stabilizing price action despite repeated tests of lower levels. This is in contrast to the resistance at $2.315, where price rejections occurred during the 11th and 22nd hours, also accompanied by above-average volume.

As the final hour of trading approached, XRP experienced a sharp 2.17% decline at 01:55, shifting from $2.285 to $2.280. However, this move was met with substantial buying interest, indicated by the large volume of 3.9 million units. In comparison, the previous candle saw a volume of 1 million units.

At 01:32, the candle showed the highest volume of the session, reaching 1.8 million, further confirming buyer interest at lower levels. From 00:32 to 01:32, the token experienced a recovery of 1.21%, rising from $2.256 to $2.280. This recovery was driven by an ascending support trendline, suggesting short-term stabilization as traders now keenly observe whether the bears can break through the resistance at $2.315 to set the stage for further gains.

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Other articles published on Jun 13, 2025