Source: CryptoNewsNet
Original Title: XRP rises 1% as traders look for the next breakout catalyst
Original Link:
XRP edged higher to $2.06, holding above short-term support after a choppy session where a late burst of buying briefly lifted prices, but broader conviction remained limited as traders waited for a clearer trigger.
News background
Crypto markets remained range-bound, with bitcoin and ether struggling to sustain momentum after recent rallies faded during U.S. hours. The “sell-the-rally” tone across majors kept risk appetite in check, leaving altcoins largely directionless despite pockets of intraday strength.
For XRP specifically, there were no fresh headlines driving price. ETF flows, institutional positioning and network activity remain supportive in the background, but none were strong enough on the day to pull the token decisively out of its multi-week range. Traders instead focused on short-term levels as liquidity thinned and price action stayed tightly correlated with the broader market.
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XRP rises 1% as traders look for the next breakout catalyst
Source: CryptoNewsNet Original Title: XRP rises 1% as traders look for the next breakout catalyst Original Link: XRP edged higher to $2.06, holding above short-term support after a choppy session where a late burst of buying briefly lifted prices, but broader conviction remained limited as traders waited for a clearer trigger.
News background
Crypto markets remained range-bound, with bitcoin and ether struggling to sustain momentum after recent rallies faded during U.S. hours. The “sell-the-rally” tone across majors kept risk appetite in check, leaving altcoins largely directionless despite pockets of intraday strength.
For XRP specifically, there were no fresh headlines driving price. ETF flows, institutional positioning and network activity remain supportive in the background, but none were strong enough on the day to pull the token decisively out of its multi-week range. Traders instead focused on short-term levels as liquidity thinned and price action stayed tightly correlated with the broader market.