XRP Price Trapped in Tight Range Ahead of Crucial Breakout Level
XRP has been stuck in a range between $1.34 and $1.45, struggling to break out of its recent consolidation phase.
The price action suggests weakening bullish momentum, with the Relative Strength Index (RSI) trending downward and the Moving Average Convergence Divergence (MACD) showing bearish signals.
Despite a recent rally that began after XRP broke above a Fair Value Gap (FVG), the market is now boxed into this short-term range, with neither side taking control yet.
A sustained break above $1.45 would be the first sign of renewed strength, while losing $1.34 could put XRP on track for the $1.25 region.