XRP is caught in a consolidation phase, hovering around $2.6 after a failed attempt to push past the critical $3 resistance level. In recent days, the cryptocurrency experienced a strong rally, peaking at $2.9.
After reaching $2.9, XRP struggled to break the $3 barrier, leading to a 7.91% drop in its value. Despite this setback, the currency has stabilized, maintaining a narrow range.
The price movement indicates potential volatility as the year-end approaches, with investors keenly observing the conditions that might aid XRP in surpassing the $3 mark.
