$XRP /USDT STRUGGLES TO BREAK RESISTANCE ā SIDEWAYS CONSOLIDATION CONTINUES šš
$XRP is currently trading around $2.2784 after bouncing from the local low of $2.2265. The 1H chart reflects a ranging structure between $2.2265 and $2.3125, with multiple failed breakout attempts on both sides.
š§ Key Observations: ⢠Resistance zone: $2.2855 ā $2.3125
⢠Support zone: $2.2265
⢠Price Direction: Neutral-Bearish bias if $2.2642 breaks
Bulls need a confirmed candle above $2.2855 to regain momentum, while a breakdown below $2.2642 could open room toward $2.22ā$2.20 range. Until then, expect more chop inside this channel.