• XRP is currently priced at $2.91, decreasing 2.25% today, and has resistance at $2.97 and support at $2.84.
• The $2.84 level drew constant support enabling a stable environment within the trading range of $2.98 to $2.84.
• Brad Garlinghouse announced a Gemini credit card offering up to 4% XRP rewards, adding ecosystem relevance during active trading.

XRP recorded a strong rebound today, with prices moving back toward recent highs. The token traded at $2.91 after declining 2.25% within the session. Market data showed a gain of $0.0643, driving the value from recent lows. Despite a decline of 0.9% in recent action, the crypto currency remained strongly supported.

The overall trading setup suggested strong support at key levels, suggesting a stable performance even amidst volatility. Surprisingly, XRP continues to hold above its significant support zone and aims for higher resistance levels within the near term.

Support Level Strengthens at $2.84

XRP demonstrated resilience by forestalling the $2.84 support line. The inability to make any long-term bottom priced ranged at this level as buyers continued to step in, avoiding greater intraday decline. The 24-hour range has suggested a transition between $2.84 and 2.97, and it is these ranges that are critical. 

The current trading behavior indicates that support has become a defining element of XRP’s short-term market structure. This foundation provides stability as the token approaches crucial resistance levels.

Resistance at $2.97 Defines Next Barrier

Attention now shifts toward the upper barrier of $2.97, which forms the immediate resistance level. Market data shows buyers preparing to test this threshold after multiple attempts. Above this mark, trading activity points to further resistance at higher zones, as indicated by historical movement. However, the $2.97 range remains the decisive point for near-term progression. A move through this resistance would represent a significant development for traders tracking the current trend.

XRP Ecosystem News Adds Focus

Alongside market performance, developments within the XRP ecosystem also gained attention. Notably, Ripple Chief Executive Brad Garlinghouse highlighted a new rewards credit card integration. 

According to his statement, the Gemini special edition card allows users to earn up to 4% XRP back on purchases. This announcement comes during a period of notable market activity, further connecting ecosystem progress with ongoing trading momentum. Market participants continue to observe how such ecosystem updates influence daily trading behavior.