XRP is trading between $2.40 and $2.60, with analysts emphasizing its capped supply as a significant factor distinguishing it from tokens like Ethereum, which lack a hard supply limit. The current circulating supply of XRP is 59.91 billion, approaching its 100 billion cap. Key support is identified at $2.14, with resistance at $2.65. A breakout above this resistance could see XRP targeting $3.31, while the monthly chart shows strong support at $1.61.