XRP has recently shown a steady price increase over the past few weeks, yet it remains constrained beneath a critical resistance level. As investor confidence continues to waver, XRP currently faces a $470 million selloff. Despite the upward trend, sellers seem to outpace buyers, creating a challenging environment for recovery. Stakeholders in the XRP market watch for signs of bullish support to emerge. The ongoing price action signifies the need for a cautious approach as the situation unfolds in both local and broader markets.