XRP Price Prediction: Tight Range Forms Near $1.38 Ahead of Breakout
XRP consolidates below $1.40 resistance as $1.36 support continues holding firmOpen interest drops toward $2.56B signaling reduced leverage and cautious tradersSpot flows stabilize with small inflows as XRP awaits breakout direction signal XRP traded in a narrow range on Friday as traders weighed weakening speculative demand against improving price stability. The token hovered near $1.39 after recovering from recent lows, although sellers continued defending major resistance levels overhead. Market structure on the four-hour chart showed consolidation following a sharp pullback, while buyers attempted to maintain control above the $1.36 support zone. XRP Struggles Below Key Resistance XRP continued trading beneath its major exponential moving averages, which clustered between $1.39 and $1.40. Consequently, short-term momentum remained under pressure despite recent stabilization across broader crypto markets. The token rebounded earlier from the $1.345 region, yet bulls failed to reclaim stronger upside momentum afterward. Technical indicators reflected growing indecision among traders. The Supertrend indicator flattened, while Fibonacci retracement levels trapped price action between important support and resistance zones. Additionally, XRP remained compressed inside the $1.36 to $1.44 range, signaling reduced volatility after weeks of aggressive swings. XRP Price Dynamics (Source: Trading View) The market now focuses on whether buyers can force a breakout above the $1.40 barrier. A successful move