XRP Stays Range-Bound as Trading Volume Rises; Market Awaits Breakout

XRP remained range-bound above $1.30, with rising volume but no decisive breakout.

The token moved modestly higher from roughly $1.29 to $1.33 with buyers defending dips near $1.30.

@coindesk

Repeated selling pressure around $1.33 kept price capped despite heavier activity.

Trading volume ran 23.4% above its 7-day average, signaling growing participation.

The $1.30–$1.32 zone is seen as key support and $1.33–$1.35 as the hurdle to a stronger move.

The range-bound structure has been dominant for six months.

Some analysts interpret the sideways trading as accumulation rather than stagnation.

Darkfost pointed to an uptick in Binance withdrawal transactions as a sign holders are moving tokens off exchanges.

@coindesk

Several sessions logged more than 4,000 withdrawals, with some peaks approaching 6,000.

The Fear and Greed Index showed the market in a neutral phase, reflecting a balance between buyers and sellers.

Neutral sentiment tends to favor upside moves conditioned by volume and asset-specific news.

The market is awaiting key catalysts to break XRP out of its range.

“XRP and the cryptocurrency market are at a pivotal defining phase, with Bitcoin holding above $95,000 and the main altcoins moving in sideways ranges while awaiting a catalyst”

CriptoTendencia

The CLARITY Act Senate markup is seen as a specific legislative trigger.

Bitcoin sustaining above $75,000 would be the macro trigger.

MEXC confirmed that XRP's overall demand is in contraction.

The six-month range is the market's assessment that an $80 billion valuation is already baked in.