XRP price is recovering towards $1.30. What would make the rebound last?

XRP has recovered some ground after October’s losses, but the buyers behind the move matter as much as the next price level. Fund subscriptions, available supply and demand on exchanges offer different clues about whether the recovery can hold. XRP traded near $1.27 during November 4 checks after touching $1.29 within the preceding 24 hours. US spot XRP ETFs attracted $18.83 million in October despite the token’s monthly decline. The funds recorded $529,510 in net withdrawals on November 2. Ripple’s November escrow release made 1 billion XRP available without establishing how much would be sold.