XRP Analysis – Bulls Reclaim $1.40 Support, $1.60 Key ResistanceXRPUSDT SPOTBYBIT:XRPUSDTRichtv_officialXRP showed renewed bullish momentum this week, successfully reclaiming the $1.40 support level after a prolonged period of downside pressure. Although the price recorded a modest weekly decline of around 2%, the recent increase in buying activity signals growing confidence among market participants and suggests that bullish sentiment may be returning. At the moment, the most important resistance level sits near $1.60. For XRP to maintain a sustainable bullish structure, this level needs to break and flip into support. If buyers manage to secure this zone, it could strengthen the case for a continued upward move in the near term. However, traders should also watch for potential weakness around the $1.60 area, as any failure to break above this resistance could provide an opportunity for sellers to re-enter the market and push prices lower. Overall, after an extended downtrend, XRP is finally showing early signs that selling pressure may be fading. If bullish momentum continues and key resistance levels are cleared, the market could be entering the early stages of a recovery phase. Key Levels to Watch Support: $1.40 Resistance: $1.60 Trend Outlook: Early signs of potential recovery if resistance is broken.