XRP is nearing a critical point on the charts, just below a key descending resistance line that has capped its price since early 2025. The asset is now tightly compressed between this resistance near $2.22 and the 200-day Exponential Moving Average at approximately $1.99.
Trading activity has slowed significantly, with declining volume and volatility over the past few weeks. Despite the quiet price movement, historical patterns suggest a high potential for a sharp breakout once the consolidation phase ends.
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XRP is nearing a critical point on the charts, just below a key descending resistance line that has capped its price since early 2025. The asset is now tightly compressed between this resistance near $2.22 and the 200-day Exponential Moving Average at approximately $1.99.
Trading activity has slowed significantly, with declining volume and volatility over the past few weeks. Despite the quiet price movement, historical patterns suggest a high potential for a sharp breakout once the consolidation phase ends.