XRP Builds Momentum Inside Key Range with Breakout in Sight

XRP is building momentum inside a key trading range, and a breakout appears increasingly likely.

The cryptocurrency has been consolidating within a tightening triangle, with buyers defending support around $1.03 to $1.06 and sellers remaining active between $1.12 and $1.15.

A breakout above resistance with rising volume would strengthen the bullish case, while a failure below $1.03 could invite another wave of selling pressure.

Despite cautious market positioning, recent data suggests that large holders remain patient rather than rushing into new positions, and futures traders have reduced exposure during recent sessions.