• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Major Signal Flashed!!!

    2025-07-25

    Why Did Bitcoin and Crypto Dump Today?

    2025-07-23

    Wall Street’s Crypto Moves Just Got Exposed

    2025-07-23

    Historic Crypto Approval = New Bitcoin High Soon

    2025-07-22

    Altseason Ignites: Bitcoin Inflows, ETH Flip, and Saylor’s Bold Move

    2025-07-22
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Altcoins»XRP stuck in this range – what can traders expect?
Altcoins

XRP stuck in this range – what can traders expect?

2023-10-30No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

  • XRP continued to trade within a compact range after another pullback at the range high.
  • The rising Mean Coin Age hinted at long-term accumulation, which could initiate a breakout. 

Ripple [XRP] struggled to break out of the compact price range, with its price action stumbling at the range high again.


Realistic or not, here’s XRP’s market cap in BTC terms


A previous price report by AMBCrypto highlighted the possibility of a range breakout after XRP posted gains of 9.3% over 24 hours to take it to the range high. However, the buying pressure stalled and bears hit back with another dip to keep XRP confined within the range.

Meanwhile, Bitcoin [BTC] consolidated at the $34k price zone after the pullback from the $35k price zone.

Buying pressure not enough for critical range breakout

Ripple XRP price chart

Source: XRP/USDT on Trading View

XRP’s current price range extends back to August. Price action has traded between the range low of $0.45 and the range high of $0.55 with a mid-range of $0.5. Despite the growing bullish sentiment, XRP has been unable to break out due to the bearish blocker at the $0.55 price zone.

This led to a 5% dip from the range high over the past 48 hours. However, buyers still had the advantage based on the on-chart indicators.

The Relative Strength Index (RSI) stood at 60, which hinted at good buying pressure, despite the dip out of the overbought zone. Likewise, the Chaikin Money Flow (CMF) highlighted the consistent capital inflow.

See also  Digital Asset Traders Withdraw $208,000,000 Worth of Crypto From KuCoin Following Government Charges: Nansen

With price trading at $0.543, these indicators signaled that a breakout could still happen in the long term. As such, sellers should be cautious of the buying bias present for XRP.

A bullish breakout would see buyers target the $0.6 to $0.65 price levels, while an extension of the current dip could see XRP re-test the mid-range support of $0.5.

Mean Coin Age continued to trend upwards

Source: Santiment


Read Ripple’s [XRP] Price Prediction 2023-24


The upward movement of the Mean Coin Age (90d) suggested that long-term holders were accumulating XRP. This could help the prospects of a bullish breakout in the long term.

Furthermore, the 30d Market Value to Realized Value (MVRV) ratio showed that short-term holders were in slight profits. With the potential for more profits, if the range high is broken, buyers could be incentivized to increase the buying pressure in the coming days.

Expect Range Stuck traders XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETH to $4000, Bitcoin Price Rally, Altseason, ADA, XRP, SOL & More

2025-07-21

Bitcoin Approaches All-Time High as XRP Skyrockets

2025-07-18

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

Korea Goes ALL IN On Crypto: ETFs, Institutions, XRP & More!

2025-07-09
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Regulation

Sam Altman’s Worldcoin Takes Legal Action Against WLD Ban in Spain

2024-03-08

Sam Altman’s privacy-focused crypto project Worldcoin (WLD) is taking legal action against the government of…

Videos

Big Bitcoin Rebound Coming According To This…

2023-08-27

In this weekly recap, George catches you up on the most important parts from this…

Videos

Best Country For Crypto?? Here’s All You Need To Know!

2024-03-17

Get The Hottest Crypto Deals https://www.coinbureau.com/deals/ Coin Bureau Discord …

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Wall Street’s Crypto Moves Just Got Exposed

2025-07-23
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,529.49
ethereum
Ethereum (ETH) $ 3,744.25
xrp
XRP (XRP) $ 3.14
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 782.06
solana
Solana (SOL) $ 186.00
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237209
staked-ether
Lido Staked Ether (STETH) $ 3,739.12
tron
TRON (TRX) $ 0.317966
bitcoin
Bitcoin (BTC) $ 117,529.49
ethereum
Ethereum (ETH) $ 3,744.25
xrp
XRP (XRP) $ 3.14
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 782.06
solana
Solana (SOL) $ 186.00
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237209
staked-ether
Lido Staked Ether (STETH) $ 3,739.12
tron
TRON (TRX) $ 0.317966