Crypto
XRP Gridlocked at $1.50: Bulls vs Bears in High-Stakes Standoff
XRP is currently stuck at $1.50, with no clear direction in sight.
The asset has been trading within a tight range of $1.49 to $1.54 for an extended period, with both buyers and sellers unable to gain the upper hand.
This lack of conviction can be seen in the MACD histogram, which has flatlined at zero, indicating exhausted momentum.
The positioning data also shows a split signal, with 72.5% of retail traders long and top traders (74.8%) aligned bullishly, but aggressive sellers dominating intraday flow.