XRP's Price Compression Implies Imminent Volatility Expansion

XRP's price is currently trading at $1.11, stuck in near-perfect compression across various timeframes.

This stasis rarely lasts and may soon resolve with a sharp move in either direction.

The broader crypto market offers little directional clarity, with a total market capitalization of approximately $2.31 trillion and the Fear & Greed Index at 28.

A clean reclaim of the $1.14-$1.15 zone is crucial for a bullish scenario to unfold, while a drop below $1.06 would open the door to $1.00.