Crypto
XRP Price Coils Between Key Levels as Traders Await Breakout
XRP's price has been stuck in a tight range for over 16 hours after a recent selloff and rebound.
Market analyst EGRAG CRYPTO notes that the small candle bodies and lack of follow-through indicate neither buyers nor sellers have gained control.
The current price of $1.03 is situated between two key levels: $1.05, which is a crucial breakout level, and $1.008, which serves as critical support.
A decisive break above or below either level could bring volatility back to the market after hours of inactivity.