XRP Price Prediction: Tight Range Forms Near $1.38 Ahead of Breakout
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XRP consolidated on Friday near $1.39, trading below $1.40 resistance while $1.36 support continued to hold; short-term EMAs clustered between $1.39–$1.40. Open interest dropped toward $2.56B, signaling reduced leverage and cautious traders; spot flows showed only small inflows as the crypto market awaits a breakout, implying limited near-term upside for the token.
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- XRP consolidates below $1.40 resistance as $1.36 support continues holding firm
- Open interest drops toward $2.56B signaling reduced leverage and cautious traders
- Spot flows stabilize with small inflows as XRP awaits breakout direction signal
XRP traded in a narrow range on Friday as traders weighed weakening speculative demand against improving price stability. The token hovered near $1.39 after recovering from recent lows, although sellers continued defending major resistance levels overhead.
Market structure on the four-hour chart showed consolidation following a sharp pullback, while buyers attempted to maintain control above the $1.36 support zone.
XRP Struggles Below Key Resistance
XRP continued trading beneath its major exponential moving averages, which clustered between $1.39 and $1.40. Consequently, short-term momentum remained under pressure despi…
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