The price of $XRP is stuck in a range, but not for long
The price is testing support at the level of $2.94, with several daily closes just above this level. This is a key area in the short term. If XRP holds above this level and buying pressure increases, we may see a move to $3.08 and possibly $3.29, where the next resistance zone is located.
If whale activity continues to grow and selling pressure increases, the price may drop to $2.72. This is the lower boundary of the recent trading range and a possible breakout zone.
Right now, XRP remains in the range, but whale sell-offs and position holding by short-term buyers cannot last forever. The next move will show who controls the market.
