XRP is trading near $2.01, marking a 0.9% increase for the day as it approaches the $2.05 support level. The cryptocurrency is confined within a narrow range, with $2.05 acting as support and $2.17 as resistance, guiding its short-term price movements. On the 4-hour chart, XRP has returned to the $2.05 support level, a zone where it has previously shown similar trading patterns.
In its Bitcoin pair, XRP is priced at 0.00002243 BTC, up 1.6%, as it tests the buy wall near this critical support level. The current price action suggests a consolidation phase, with traders closely watching these key levels for potential breakout signals.
XRP Steadies Near $2.01 Amid Tight Trading Range
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