๐Ÿ“‰ XRPUSDT โ€“ Range Tightening Ahead of a Break?

XRP is consolidating in a narrow range between $2.06 and $2.23 after a sharp decline from $2.60. Price action is currently neutral, with increasing volume suggesting a potential breakout setup.

๐Ÿ“Œ Technical snapshot:

  • Strong sell wall near $2.23
  • Support building around $2.06โ€“$2.09
  • Volume is increasing on both sides
  • Market showing signs of compression

โš™๏ธ Key breakout levels:

  • Break above $2.23 โ†’ possible move to $2.38โ€“$2.45
  • Break below $2.06 โ†’ opens the door to $1.95โ€“$1.85

๐Ÿ“Š RSI and MACD are neutral โ€“ market is waiting for a catalyst.

๐ŸŽฏ Conclusion: XRP is coiling in a tight range. Watch for a breakout with volume confirmation to catch the next big move.