XRP is currently trading at $2.31, maintaining a support level above $2.21 and encountering resistance at $2.38. The 2-Year SMA Multiplier chart indicates that XRP is consolidating between the ×2.65 and ×5 levels, suggesting a mid-cycle positioning phase. This band compression is often a precursor to significant market movements, as seen in historical patterns from 2017 and 2021, which led to expansions toward the ×10 multiplier range. Since late 2023, XRP has remained above the ×1.42 line, indicating structural stability in its market position.