币界网报道:XRP rebounded sharply after a volatile session, recovering from a 6% drop to $2.011 during peak selling pressure at 21:00 UTC. The asset stabilized above $2.04 support, forming a bullish ascending channel with higher lows at $2.079, $2.082, and $2.083. Trading volume surged to 163M units during the sell-off before buyers regained control, pushing prices to $2.089 on 1.38M volume at 06:20 UTC. Analysts note XRP's resilience amid broader crypto market pressures, with technical indicators (MACD turning positive, RSI at 54) suggesting potential upside if the $2.09 resistance breaks. Institutional interest in a potential XRP ETF and Ripple's payment network expansion continue supporting fundamentals. Key support now holds at $2.011-$2.042 while traders watch for volume-backed moves above $2.09.