Overview
- XRP hovered around the $2.00–$2.10 range after a pullback from a test near $2.37, highlighting continued consolidation beneath a key resistance zone.
- Technicians map a descending triangle and channel with resistance focused near $2.30, and intraday liquidity work outlined a provisional target around $2.41 if buy-side participation improves.
- Momentum gauges show compression, with a narrowing MACD histogram and a turning RSI cited as early signs that downside pressure is weakening.
- A newly published XRP Radar dashboard reports roughly 34.2% of supply in Ripple escrow, 65.8% circulating, and about 15.1% held on exchanges, adding clarity to distribution.
- Analysts stress that any bullish resolution hinges on expanding spot volume and acceptance above resistance, while the higher-timeframe bias stays constructive so long as $1.30 support holds.