$XRP
🚨 What’s Happening With XRP’s Price? 🚨
Over the past 48 hours, XRP price action has been consolidating after a sharp rejection near the $2.35–$2.36 resistance zone. The latest move comes after a rally fueled by positive momentum on the back of broader altcoin strength, but strong selling pressure was observed at the prior equal highs.
From a Smart Money Concepts (SMC) perspective, the chart shows a clear change of character (ChoCH) after tapping into a major supply zone around $2.36. This indicates that institutional players likely took profits at that level, which aligns with the XRP price volatility observed across lower timeframes.
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