XRP, having risen 14% recently, is in a consolidation phase, trading between 2.34 USD and 2.46 USD. This range-bound Movement signals balanced market sentiment, with neither buyers nor sellers dominating currently. The Relative Strength Index (RSI) sits at a neutral 55.7, suggesting the market’s current stability without excessive pressure from either side.
The stability in whale activity, with 298 addresses holding 10 million to 100 million XRP, reflects a neutral trend with limited potential for volatility. If bullish momentum continues, XRP might break out towards higher price levels, aiming for 2.72 USD and 2.90 USD, signaling potential gains if market sentiment shifts positively.
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