XRP Price Hasn't Moved as Much as Some Other Coins — at Least Not Yet

The cryptocurrency market has been quite active lately, but XRP's price hasn't moved as much as some other coins — at least for now.

In the cryptocurrency market, some coins are quickly grabbing attention with big price movements, while others seem to be staying in a narrower range. Lately, XRP has been in the second category, at least compared to the swift drops and rallies seen in Bitcoin and several altcoins.

Despite this slower pace, XRP is known for quickly shifting direction, and it is now holding at an important support level on the daily chart. This could be setting the stage for a steeper move in either direction.

XRP is currently trading at $2.45.

XRP Price Analysis: Is Another Leg Up Coming?

XRP is testing the lower boundary of a range that has been in play since early April. This range is defined by support at $1.57 (April low) and resistance at $3.40 (recent high).

The price has not yet shown a clear breakout from this range, although it could be forming into a triangle pattern or other formations.

In the shorter time frame, XRP is trading between $2.15 and $2.31 as support, and $2.48 to $2.61 as resistance. The price is currently moving sideways within this range, and traders are watching for a possible breakout above $2.62. If this happens, it could be the first sign of a bigger rally ahead.

As long as XRP manages to stay above its recent Monday low, the short-term trend remains positive. This could pave the way for a swift move toward the $3.30–$3.40 zone, especially if Bitcoin and the broader market continue to gain momentum.

If XRP drops below $2.31 and then $2.28, it might suggest that the latest short-term rally has ended, and the price could drop toward the $1.79–$2.60 region before finding new support.

Even though XRP is moving within a tight band right now, the bigger picture remains bullish, with no major signs of a long-term top forming just yet.