XRP Price Observation: Lateral Action Sets the Stage for Volatility‼️📈📢
Currently, XRP is priced at $2.26 with a market capitalization of $128.16 billion. In the last 24 hours, the token has seen a trading volume of $2.41 billion and an intraday price range between $2.18 and $2.30, reflecting a market ready for its next major move.
The one-hour chart for XRP on April 26, 2025, reveals a range trend with slight tightness, indicating a possible breakout scenario. Key short-term support is found between $2.20 and $2.27, where a steady buying interest has emerged. The volume shows moderate increases as the price action gravitates towards the upper and lower extremes of the range, suggesting cumulative pressure.
XRPETF
Moving to the four-hour chart, XRP continues to consolidate within a well-defined range, presenting a clearer picture of the prevailing indecision. Resistance at $2.30 remains firm, marked by a previous rejection, while support is solidly established near $2.10 to $2.20. Volume analysis shows notable increases during attempts to surpass $2.30, indicating a significant presence of sellers. Potential long entries could be considered after pullbacks towards the $2.20 region, accompanied by bullish confirmations through candles. If XRP successfully closes above $2.30 with strong volume, a momentum-driven advance towards the resistance zone between $2.40 and $2.50 could materialize quickly.
ProShares XRP ETFs focus on futures and leveraged products.