XRP Holds $2.33–$2.44 Range, Indicating Imminent Directional Move

XRP Trades Between $2.33 and $2.44 Ahead of Potential Breakout

XRP is consolidating in a $2.33–$2.44 range, with traders closely monitoring for a break above $2.41 or a drop below $2.33 to define the next move.

On Tuesday, XRP edged down 1.17% to $2.39, slightly underperforming the CD5 index. Despite muted price changes, trading volume climbed 5.77% above weekly averages, signaling tactical repositioning by institutional players rather than widespread selling. Analysts describe the activity as order book churn, reflecting rotation within the range ahead of potential catalysts.

XRP formed a descending channel, dipping to $2.33 on 111.3 million tokens traded—83% above the 24-hour average—before rebounding to $2.39. Resistance at $2.41 capped gains, creating a lower-high pattern.

Technical outlook:
Support holds firm at $2.33, resistance sits at $2.44, and narrowing volatility indicates a pre-break compression setup.

Traders’ focus:
A close above $2.41 could target $2.47–$2.50, while a drop below $2.33 risks a pullback to $2.28. Correlations with gold and bitcoin are also being monitored for broader market context.