XRP is hovering just below a key resistance level, but the price action is gradually showing a bias in one direction. Each upward push is met with selling, yet the pullbacks are becoming shallower, indicating that sellers, although still active, are gradually losing their grip. When the balance of power shifts, the subsequent move is typically swift and decisive.

The price is currently moving sideways at the upper end of the range, a common precursor to market resolution after supply absorption. Adding to this are rising participation levels and steady positioning, which suggest that this sideways movement is less about indecision and more about a setup awaiting a catalyst. Background News • There have been fresh inflows into spot XRP ETFs, extending the strong demand from the previous week and pushing total institutional positioning to over $2.6 billion.

This maintains a steady bid under the market despite the price stall. • Daily exchange outflows have reached one of the highest levels this year, with nearly 35 million XRP leaving trading platforms. This typically reduces immediate sell pressure and supports tighter supply conditions.

Summary of Price Action • XRP has been trading between $1.43 and $1.45 following a high-volume push earlier in the session. • The attempt to break out above $1.44 was brief and failed to gain traction, leading to sideways consolidation. • The price is now consolidating into a narrower range, holding support without reclaiming higher levels. Technical Analysis Overview • The dominant pattern is a multi-week symmetrical triangle, characterized by lower highs and higher lows, pushing the price toward a decision point.

• Volume surged during the initial breakout attempt but faded into consolidation, suggesting absorption rather than conviction. • Buyers continue to defend higher lows, which limits the downside for now.

• The market is effectively coiling, with neither bulls nor bears in full control. Key Points for Traders to Watch • The $1.50 level is crucial for a breakout. Clearing this would shift momentum more decisively upwards.

• $1.39 remains the critical support level. Losing it would break the structure and open up the downside. • The tighter the range, the more likely a sharp move will follow.

The direction will depend on which side of the range breaks first.