XRP's recent price behavior has initiated discussions among investors as the cryptocurrency faces challenges in sustaining upward momentum. Predictions of a price surge seem bleak, with its value stagnating between $3 and $3.10.
Analysts are closely observing crucial support levels and speculate a rally if XRP manages to exceed the $3.11 resistance mark. In addition, there is a rising contender capturing the attention of crypto analysts, that could impact the market further.