XRP steadies near $1.32 as failed breakout keeps focus on narrowing trading range
CoinDesk
XRP maintains a tight trading range between $1.30 and $1.38 following a failed breakout attempt near $1.36.Summary
XRP continues to trade within a consolidated range as buyers struggle to maintain momentum after a failed breakout at $1.36. While market sentiment has weakened and fear-driven positioning is rising, on-chain data shows ongoing accumulation, with major holders continuing to withdraw XRP from exchanges. Currently, the price remains anchored between a support floor of $1.30 and a key resistance zone of $1.36-$1.38. Technical analysts suggest that this tightening symmetrical triangle structure indicates a significant volatility expansion is likely once a breakout or breakdown occurs.
(Source：CoinDesk)