XRP rebounded sharply, reclaiming the $1.15 mark and recovering nearly a month of losses in a single day. The sudden upward move has drawn renewed attention as market participants assess whether this bounce signals a lasting change in momentum or a short-term relief rally. ChartNerd, a well-known market analyst, observed that despite lingering resistance ahead, XRP’s sharp ascent highlights how rapidly sentiment can reverse in cryptocurrency markets. XRP is now trading at $1.15, a psychological level that had served as a ceiling through the recent selloff.