Crypto
XRP Price Trapped Near $1.40, Fading Momentum and Lack of Direction
The XRP price has been stuck near $1.40 due to fading momentum and lack of direction in the market.
The daily chart shows a cautiously constructive interpretation, but intraday readings point to a market that has yet to establish a decisive direction.
The upcoming vote on the CLARITY Act is seen as one factor among many for XRP traders, alongside the chart itself.
Key levels of support and resistance are $1.39 and $1.42 respectively, with the daily pivot point at $1.41.