XRP has caught the attention of investors as it breached the $2 mark in a significant rally. Over the past month, it has displayed strong momentum, suggesting potential consolidation as it oscillates within a tight trading range.
This phase of consolidation, despite some market corrections, is pivotal as it reflects sustained investor interest. XRP's record-high market cap during this period further underscores the confidence participants have in the altcoin's potential.
The article implies that the future trajectory of XRP's price is contingent on the resolution of this consolidation period. Market participants will be closely watching XRP’s price movements for any clear signal of future rallies or adjustments.
