XRP Trades Sideways Near $1.49, Traders Await Resistance Break

XRP has been holding steady around $1.49 as traders await a break above resistance to move higher.

The cryptocurrency's price is up 2.15% over the past 24 hours, but analysts say it remains in a consolidation range and needs a clear break above resistance to continue its upward momentum.

Total XRP ETF holdings are close to $1.2 billion after spot XRP ETFs saw $13.24 million in net inflows on August 21, marking the third straight day of gains.

EGRAG CRYPTO notes that until XRP breaks and closes above a certain resistance zone, it's still trading within its current range, with sentiment alone not being enough to push price out of it.