XRP Price Stuck in Tight Range as Sellers Maintain Advantage
XRP's recent price action has been marked by a lack of conviction from both buyers and sellers. Despite defending critical support levels, XRP has failed to regain higher price zones that could shift the broader trend.
The asset continues to trade in a tight range between $1.07 and $1.12, with its 20-day, 50-day, 100-day, and 200-day exponential moving averages all sitting above it. This structure indicates that sellers still hold the advantage across higher timeframes.
For XRP to recover above $1.13, buyers must push the token above the 50-day EMA near $1.1375. A successful move could encourage another attempt toward the $1.18 and $1.23 resistance levels.