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Crypto

XRP Price Consolidates at $1.50, Eyes $2 Breakout

Guavy AI Editorial Team
Instruments
XRP
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The price of XRP has been consolidating around $1.50 after a recent rally, and analysts are watching for a breakout above the $1.66 resistance zone.

CoinMarketCap data shows that XRP's trading volume has been steady at around $2.66 billion, with the token trading between $1.51 and $1.55 in the past day.

Large-holder exchange withdrawals have increased as XRP consolidated after its recent rally, according to CryptoQuant analyst Amr Taha.

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