XRP Price Falls 0.83%, Set to Consolidate at $2.35–$2.50
XRP price declined 0.83% over the past 24 hours to $2.3973, as sellers maintain control. On the hourly chart, XRP nears local support at $2.3639; a break below could drive it down to $2.35. Trading volume remains subdued across time frames, limiting volatility and suggesting a consolidation phase. Analysts expect XRP to trade sideways between $2.35 and $2.50 in the short to mid term. Without significant volume spikes or market catalysts, traders should watch the $2.36 support level and volume trends for potential breakouts. Overall, low momentum from buyers and sellers points to a neutral outlook for XRP price.
Neutral
XRP’s 0.83% drop into low-volume conditions and its proximity to the $2.3639 support level indicate insufficient momentum for a decisive move. Both buyers and sellers lack volume-driven force, suggesting continued consolidation between $2.35 and $2.50 in the short term. Over the longer term, persistent sideways trading and neutral sentiment may keep price stability until external catalysts or volume spikes alter market dynamics. This balanced outlook points to a neutral impact, with traders advised to monitor support levels and volume for directional cues.