However, a potential key question is emerging: Is this rebound driven by real demand, or is leverage playing a dominant role?
XRP's price has surpassed BNB, marking a significant shift in the trend of large assets and suggesting a new wave of capital inflow into altcoins. However, the current price of the token is still nearly 40% lower than its previous highs, placing the current rebound in a recovery phase rather than a confirmed breakout cycle.
This creates a high-risk situation. Assets that reclaim dominance in a discounted state often attract aggressive investments, but they may also face strong resistance as they approach previous supply zones.
Surge in Network Activity—Signs of Real Demand?
The rise in participation points to increased network usage and growing long-term interest. Based solely on these indicators, this would support a strong bullish argument. However, the market rarely fluctuates based on a single signal alone.
XRP currently exhibits a rare synchronization phenomenon:
This combination typically appears at the beginning of a strong trend but can also occur at local peaks when investment conditions become crowded. Will this rally be sustainable?
What happens next? How will this affect XRP's price rebound?
Short-term price movements indicate that XRP's price has broken through the resistance zone between $1.48 and $1.50, a resistance that has seen multiple failed attempts to break since February. Although the token has not managed to break through $1.55, technical indicators show a continuation of bullish trends. The RSI and MACD indicate bearish divergence, but the resistance that can be managed has turned into a support zone, which is considered to provide a strong foundation and trigger a robust rebound. Only a price surpassing $1.55 can push XRP's price above $1.60.
Recent trends suggest that the short-term structure has changed, with previous resistance now acting as support. Although XRP faced rejection near $1.55, the overall layout remains positive. Momentum indicators, including RSI and MACD, have begun to show bearish divergence, indicating a potential short-term cooldown.
However, as long as the price remains above the $1.48 to $1.50 range, the breakout remains valid. A brief pullback to this range may serve as a re-testing opportunity before continuing to rise. If the price decisively breaks through $1.55, it is expected to pave the way for $1.60 and higher levels, further solidifying the current bullish trend.
XRP's surpassing of BNB is not just a change in ranking; it reflects a surge in attention and capital. However, the sharp rise in open interest indicates that leverage is playing an increasingly important role in this rally.