XRP Trapped Between Resistance and Support as Buyers and Sellers Clash

XRP is currently trading in a range-bound structure between $1.32 and $1.56, having spent several months moving repeatedly between these boundaries.

The lower boundary received several tests from sellers before price moved below it and swept liquidity underneath.

However, the breakdown failed to produce sustained downside continuation after that move, and XRP reversed sharply and expanded back toward the range's upper boundary.

The move carried XRP toward the range's upper boundary, but the $1.55-$1.56 zone remains unbroken resistance.