XRP Price Range: Focus on Bigger Picture, Analyst Warns

XRP is currently stuck in a narrow price range between $1.45 and $1.65, according to analyst EGRAG.

In a recent post on X, he warned traders not to overreact to small price movements within this range, as they are mostly noise.

EGRAG sees the current price area as an opportunity for long-term holders to accumulate XRP, but emphasizes that this does not signal the start of a new bullish trend.

The analyst's chart shows XRP trading inside a larger downward channel, with key levels at $1.4997, $1.5545, and $1.6583.