$XRP
🚨What’s Happening With XRP’s Price? Sellers Still Control Below $2.22🚨
The XRP price action on lower timeframes reveals an attempt at short-term recovery. After forming a higher low near $2.06, price rebounded into the $2.15–$2.17 range but stalled at intraday resistance. The 20 and 50 EMAs on the 1-hour chart have converged near $2.18, acting as an overhead ceiling.
On the 4-hour timeframe, XRP continues to consolidate between $2.085 support and $2.177 resistance. Price has failed to close above the critical $2.18 barrier, indicating hesitation among buyers.
The Bollinger Bands are narrowing, and the Average True Range (ATR) has fallen to 0.0073, confirming contracting volatility. Unless a breakout occurs, the market could continue moving sideways within this tight range.