XRP Supply Hits 2018 Lows as Exchange Balances CollapseMarket Cap XRP, $CRYPTOCAP:XRPJohn_IsigeOver the past 12–24 hours, XRP has traded in a tight $1.87–$1.88 range, reflecting low volatility and balance between buyers and sellers. The token is currently hovering near $1.87, slightly above recent levels. Market capitalization stands near $113.5 billion. From a technical perspective, price is holding just above the 20-period EMA (~$1.87), providing short-term stabilization. Since late December, XRP has been moving sideways while forming slightly higher lows, hinting at gradual demand absorption. •Key support: ~$1.84 (lower Bollinger Band) •Immediate resistance: ~$1.88 •Next upside zone: ~$1.92 As long as XRP remains above the EMA-20, the short-term structure stays neutral to mildly bullish. ⸻ Momentum & Volatility Momentum indicators remain balanced: •RSI (~51): neutral, no overbought or oversold conditions •Momentum histogram: slightly positive, suggesting buyers can still defend short-term levels Volatility is low to moderate. Bollinger Bands are compressed, which typically precedes a directional expansion. Until that expansion occurs, sideways trading is likely to persist. ⸻ Market Scenarios (Technical Model) Neutral scenario (~50%) •Range: $1.86–$1.90 •Conditions: Price holds above EMA-20, RSI stays between 45–55, volume remains stable •Implication: Continued consolidation without strong directional impulse Bullish scenario (~30%) •Targets: $1.88–$2.05 (psychological level at $2.00) •Key trigger: Daily close above $1.8839, RSI above 55 •Implication: Breakout from consolidation and expansion driven by supply compression Bearish scenario (~20%) •Targets: $1.75–$1.65 •Key trigger: Sustained close below $1.8428, RSI below 45 •Implication: Deeper corrective move as price loses range support ⸻ Short-Term Outlook The short-term outlook for XRP remains neutral-to-positive. A clean breakout above $1.88–$1.92 could unlock a move toward $2.00, especially given the historically low exchange supply. Conversely, a loss of support near $1.84 would increase downside risks toward $1.75. For now, the key factor to watch is whether XRP can maintain acceptance above the EMA-20 and expand volatility to the upside.