XRP still trapped inside a major rangeXRP / TetherUSBINANCE:XRPUSDTDukesMarketAnalysisRange-bound price action continues • XRP has now spent roughly 3.5 months consolidating between the $1.55 resistance area and the $1.30 support zone • Price continues chopping sideways with no clear breakout confirmation in either direction yet Broader trend still leans bearish • The preceding trend before this consolidation was clearly down, which slightly favours a bearish continuation pattern • XRP is also now drifting back towards the lower half of the range rather than pressing resistance Resistance continues capping upside • Multiple swing highs have formed between $1.54 - $1.67, showing sellers repeatedly stepping in on rallies • The downward-sloping 100-Day EMA is also acting as dynamic resistance overhead Momentum remains weak overall • RSI continues sitting below 50, showing bearish momentum still dominates the broader structure • StochRSI is now extremely oversold, though oversold conditions alone do not necessarily mean a reversal is imminent In Summary XRP remains locked inside a large multi-month consolidation range, with both accumulation and distribution continuing to take place. Eventually, price will likely resolve one way or the other, but for now the broader structure still slightly favours the bears due to the preceding downtrend and repeated rejection from resistance. Momentum indicators also remain weak overall, while price drifts back towards the lower half of the range. Bulls likely need a convincing reclaim of the upper range and moving average resistance to shift sentiment more positively again.