XRP's price has climbed 14% recently but is now stuck in a range between $2.34 and $2.46. This reflects a market balance with no clear dominance from buyers or sellers.
The steady number of whales holding 10-100 million XRP supports this neutral sentiment. A stronger bullish trend could push XRP above $2.72 or even $2.90.
The RSI for XRP is at 55.7, indicating moderate momentum and balanced buying and selling pressures since early January. To signal a stronger bullish market, the RSI would need to rise closer to the overbought range.
There are currently stable numbers of significant XRP holders, suggesting consolidation with limited short-term price volatility. However, an increase or decrease in whale activity could trigger a new price trend.
XRP's short-term trading has been between a resistance of $2.53 and support at $2.33. If support fails, prices could drop to $2.13 or $1.96. However, a breakout over $2.53 could lead to gains up to $2.90, depending on who gains market control.
