XRP Price Nears Key Breakout Zone Amid Growing Volatility

The XRP price continues to consolidate below a key descending trendline that has capped price action for months.

The token remains stuck between a crucial support zone and overhead resistance, with the narrowing range signaling that a decisive move could be on the horizon.

Traders are closely watching the $1.10 resistance level, as a breakout above it could shift market sentiment and open the door to further upside.

The RSI is hovering near 33, indicating bearish momentum remains dominant, although selling pressure has eased compared with earlier declines.