I followed XRP's recovery this week, it went up about 6% on Wednesday but honestly didn't change much in the macro picture. It went from $1.11 (February's low) and now it's at $1.44, already 27% above that bottom, but if you look at the bigger chart, it seems more like consolidation than a real reversal.

What’s happening: XRP couldn't break through the resistance at $1.67, so technically it remains in a bearish structure. Some analysts I follow (like CasiTrades) believe that this rise was just noise, with no structural change. So far, there’s no variation to justify changing XRP's forecast to bullish.

For me, XRP's forecast will depend on two scenarios: either it drops to support at $0.87 (Fibonacci 0.854), or it rises above $1.67 to change the game. Until that happens, it’s all consolidation within the range. If it drops to $0.87, then it would be interesting to enter more strongly. But for now, the picture remains uncertain, with no clear signs of a breakout in any direction.