XRP is currently hovering around $1.0944, a slight dip of 1.12 % over the last 24 hours, but the technical picture is telling a different story. A bullish divergence has emerged on the charts, indicating that while the price has fallen, the momentum indicators are pointing higher. For a retail trader, this could signal a potential rebound if the price manages to hold above the $1 mark.
At the same time, Ripple’s CTO Emeritus, David Schwartz, has taken the time to clarify that the company is not being sold, dispelling a rumor that had been circulating online. This reassurance may help reduce the uncertainty that has plagued XRP’s price action, especially after the long‑running SEC saga. With the company’s leadership stepping forward to set the record straight, investors can focus on the fundamentals rather than speculation about ownership changes.
The broader market sentiment is still on the fear side, with the fear/greed index sitting at 26. This suggests that while the technical signals are bullish, a cautious approach is warranted. Retail traders should look for confirmation of the reversal—such as a breakout above $1.10 or a sustained close above the 50‑day moving average—before committing significant capital. Meanwhile, Ripple’s upcoming events and the potential for growth in markets like Japan could provide additional catalysts, so keeping an eye on those developments will be key for anyone looking to time their entry.