- XRP traded at $1.87, sitting just above the $1.83 support tied to a repeat demand and liquidity zone.
- The 24-hour range stayed contained, with $1.98 acting as the nearest resistance during recent rebounds.
- XRP rose 2.3% against Bitcoin at 0.00002149 BTC, despite a 1.6% decline in dollar terms.
XRP returned to focus on the daily timeframe as price revisited a historically active demand and liquidity zone. It is important to note that this level is the same as a territory that once generated intense responses. Housekeeping of price around this zone has happened more than once and this gives the test at hand a structural relevance. As trading continued, XRP remained confined within a narrow intraday range, keeping attention fixed on nearby technical levels.
Price Hovers Above $1.83 Support as Demand Zone Faces Another Test
XRP’s daily chart shows price sitting directly above the $1.83 support level. This zone previously absorbed sell pressure during earlier declines. Notably, prior reactions from this area produced swift rebounds before price extended higher. However, current conditions show price testing the same region under weaker short-term momentum.
As a result, traders continue to track whether bids remain active. The $1.87 price sits close to the lower boundary of the recent range. Consequently, each hourly close carries added weight. This interaction sets the context for the next section, which outlines short-term range behavior.
Range Holds Firm as XRP Shows Divergent Strength Against Bitcoin
Within the last 24 hours, XRP traded between defined boundaries, with resistance located near $1.98. Price failed to reclaim this level during the latest session. However, the range remained orderly, without expansion beyond established levels. Notably, resistance at $1.98 capped upside attempts during recent rebounds. This structure kept prices compressed between resistance and demand. Meanwhile, the $1.83 support continued to anchor downside movement. With price positioned between these markers, attention shifts to relative performance metrics.
Compared to Bitcoin, XRP was selling at 0.00002149 BTC with a 2.3 percent change in the same period. This was an increase against the dollar-based loss. Notably, the divergence highlights differing pressure across trading pairs. While USD pricing softened, the BTC pair showed relative firmness. This contrast adds context to the ongoing test of demand. As price holds near $1.87, both pairs reflect the same technical area. Consequently, market participants continue to observe how price behaves within this established structure, as levels remain unchanged.
