XRP Price Recovery: Analyst Eyes $1.30
Summary
Analyst Ali Martinez said XRP could rebound toward $1.30 from a descending channel if support at $1.14 held. XRP had fallen below that level by November 9, so the recovery scenario would require reclaiming it and clearing resistance at $1.20 and $1.25–$1.30. The RSI was near 26, an oversold reading that does not guarantee a reversal. Meanwhile, XRP Ledger stablecoin capitalization was about $970 million and the network processed roughly 4.79 million transactions in 24 hours. These activity figures provide context but do not necessarily translate into greater demand for XRP.
