XRP’s price has entered a tight range, fluctuating between the 100-day and 200-day moving averages, and has recently encountered rejection at the pivotal 200-day MA near $2.3. As bearish pressure mounts, XRP now hovers near the lower boundary of this range, raising the probability of a downside breakout and potential corrective action. Traders must remain vigilant as these levels will significantly impact future price movements. Understanding these critical points can empower traders in strategizing entry and exit decisions as market dynamics evolve.