XRP Trapped in Consolidation Range Ahead of $1.50 Breakout

XRP is currently trading within a tight range between $1.34 and $1.45, with its price stabilizing in a retracement phase.

The cryptocurrency's recent swing between lows near $1.31 and highs around $1.70 has led to a consolidation period.

From a technical perspective, the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) both indicate fading momentum, with the MACD line sitting below its signal line.

A potential move above $1.50 could target $1.70, while a drop below $1.34 may push XRP toward $1.25.