XRP Price Struggles to Break Above Key Resistance Level
XRP's price has been stuck in a range between $1.31 and $1.70, with the current price hovering around $1.40.
The recent rally began after XRP broke above a previously existing Fair Value Gap (FVG), but it failed to sustain a move above $1.45, which has become a key level of resistance.
Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show bearish signals, indicating fading buying strength and increasing downside momentum.