XRP rebounds from $1.05 support, bulls target $1.17 and $1.21

XRP rebounds above $1.10–1.12 and consolidates. A break over $1.172–1.208 opens $1.22–1.262; failure risks a move back to $1.11–1.05.

XRP held $1.05 and started a recovery, similar to recent moves in Bitcoin and Ethereum (NewsBTC Bitcoin analysis, NewsBTC Ethereum analysis).

Price cleared $1.10 and $1.12, breaking a bearish hourly trendline near $1.10. It trades above the 100‑hour SMA and the 23.6% Fib of the $1.3640 to $1.052 drop (NewsBTC XRP chart).

Key levels:
- Resistances: $1.172–1.174, $1.208 (50% Fib), then $1.220, $1.245, $1.262 (chart)
- Supports: $1.125, $1.110, then $1.080, $1.050, $1.00 (chart)

Momentum signals: Hourly MACD turns bullish; RSI above 50 (chart).