XRP Price Stuck in Tight Range as Buyers Struggle for Momentum

XRP's price has been stuck in a tight range after weeks of heavy selling, indicating a market lacking strong conviction.

Despite buyers defending critical support levels and preventing another sharp decline, they have failed to regain higher price zones that could shift the broader trend.

The asset currently trades near $1.11, below its 20-day, 50-day, 100-day, and 200-day exponential moving averages, showing sellers still hold an advantage across the higher timeframe.

Buyers must push XRP above the 50-day EMA at $1.1375 to improve sentiment, with a successful move potentially encouraging another attempt toward the $1.18 and $1.23 resistance levels.