XRP, a popular cryptocurrency, fell 1.17% to $2.39 during Tuesday’s session, underperforming the broader crypto market despite increased trading activity. The token remained within a $2.33-$2.44 range, with significant trading volume around the $2.33 support level.
Traders are watching for a breakout above $2.41 or a decline below $2.33 to signal the next directional move. XRP pulled back from intraday highs amid heavier trading activity, holding above key support levels while lagging broader crypto benchmarks.
The token’s structure remains range-bound with a descending channel forming between $2.44 resistance and $2.33 support. Traders are focused on whether volume reacceleration confirms continuation pressure or precedes a mean reversion push above $2.41.
Institutional desks are also watching macro correlations, such as gold’s reversal lower and bitcoin’s steady bid, to gauge rotation dynamics across risk assets as volatility compresses. The recent growth in stablecoin payment volumes has reached $19.4B year-to-date in 2025, with OwlTing aiming to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.
Overall, XRP’s price action remains contained within the defined range, suggesting positioning rather than directional conviction.
Source: https://www.coindesk.com/markets/2025/10/23/xrp-price-structure-tightens-between-usd2-33-and-usd2-44-ahead-of-volatility-break