Ripple is currently experiencing a significant stall at the crucial $2 support level, which has held steady since December 2024. This state of affairs indicates a low level of market activity, leading XRP into a short-term consolidation phase.

In the daily chart analysis, XRP is trapped within a tight range, influenced by its 100-day and 200-day moving averages. This situation suggests indecision among traders, with the price resting on the pivotal $2 support. The current balance between buyers and sellers implies that XRP may continue to consolidate above this level, awaiting a shift in demand or supply to initiate its next major movement.

Looking at the 4-hour chart, the consolidation near the $2 support zone becomes even more evident, reflecting a market equilibrium. Importantly, a slight bullish divergence between the price and the RSI indicates the potential for buying pressure to arise soon. Additionally, the recent price action resonates with the Wyckoff accumulation pattern, enhancing the odds of a short-term bullish rebound. If this scenario unfolds, Ripple could aim for the $2.5 level as its next significant resistance.

Investors keen on $XRP, as well as those interested in $BTC, $ETH, and other digital assets, should keep a watchful eye on these developments. The dynamics of this market can shift rapidly, so being informed is crucial.

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⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.