## XRP Moves Critically Towards $3.30 Resistance Level While we speak in Dubai time, XRP is trading at $1.92 with a 2.51% increase in the last 24 hours. However, this movement is in sharp contrast to the weekly decline of 5.57%, indicating that the market is currently caught between two forces. ### Consolidation Phase Builds Tension The current price action clearly shows that XRP is stuck in a critical consolidation zone. The trading volume is approximately $84.49 million over 24 hours, suggesting that traders remain alert despite the sideways price movement. The key question for market participants: can XRP sustain itself above the $3.30 barrier? The support zone at $2.73 acts as a fundamental anchor point for the broader technical picture. As long as this level remains intact, bulls maintain their long-term position. Additionally, the $3.00 line plays an important role as short-term support – here, buyers determine whether momentum will be maintained. ### Indicators Show Neutral Market Position The accumulation/distribution indicator registers 1.25, indicating cautious buying pressure without convincing dominance. The Awesome Oscillator stands at -0.0015, suggesting that momentum is currently lacking. This combination implies that a dramatic trend reversal is unlikely for now. What stands out: despite mixed technical signals, trading volume remains substantial. This demonstrates active market participants waiting for a decisive move. The ratio between buying and selling pressure shows that both sides are cautiously building their positions. ### Historical Parallel: Harbinger of Breakout? XRP has previously experienced such consolidation periods. In 2021, weeks of sideways movement were followed by a sudden powerful acceleration. The current setup appears similar: high volume, neutral indicators, and a clearly defined range between $2.73 and $3.30. Fed Chair Jerome Powell recently characterized Bitcoin as "digital gold," which has a positive impact on the broader crypto sentiment. XRP benefits indirectly from these macro developments, although its own technical pattern will be decisive. ### The Road Ahead The crucial question is: does XRP gather enough volume and buying power to overcome the $3.30 resistance? As long as the price remains within the band of $2.73-$3.30, consolidation dominates the playing field. A convincing breakthrough above $3.30 could lead to a significant acceleration upward. Until then, XRP remains in a phase where bulls and bears are constantly testing each other's strength. The coming weeks will determine whether the built-up tension releases in an upward breakout or a retreat to lower levels.