XRP Trapped Between Support and Resistance
XRP has been trading in a tight range between $1.50 and $1.61, with buyers defending the lower level repeatedly.
Crypto analyst Diana noted that XRP 'almost crashed at $1.50 and bounced,' with buyers continuing to step in at that zone.
The $1.61 resistance level has proven firm, rejecting multiple attempts by the price to break through it.
Diana suggests that a clean resolution of this range is necessary before XRP can make any significant moves higher or lower.