XRP is currently trading at $2.08, marking a 0.9% increase, as it holds above the crucial $2.05 support level. The cryptocurrency has maintained its position within this long-term channel for over 13 months, with resistance identified at $2.17. Analysts refer to this structure as the 'Bifrost Bridge,' highlighting its role in guiding XRP's multi-year price trajectory. Despite fluctuations, XRP remains within its established range, with no breakout above the upper boundary confirmed.