XRP Consolidates At $2.96 As Traders Monitor $2.94 Support and $3.03 Resistance

XRP is currently trading at $2.96 levels with a high of $2.94 and $3.03 as the resistance and support levels respectively.

The 50-day moving average matches macro support between $2.67 and $2.73, which strengthens a critical price floor.

Volume activity increases around $2.94, showing heightened trader engagement at this support level.

XRP(XRP) was trading at $2.96, a 1.2 % loss over the last 24 hours, and against Bitcoin at 0.00002639 BTC, which saw it move by 0.9% in the same time. The market still cycles around critical price levels, and the near-term support is recognized at $2.94.Traders noted a 24-hour range that placed the resistance at $3.03

The macro support zone between $2.67 and $2.73 remains under observation, forming a critical base for ongoing market activity. Volume levels notably indicate active participation, suggesting engagement around the current pricing structure.

Resistance and Price Range Analysis

The immediate resistance level of $3.03 is closely watched, as XRP attempts to stabilize near $2.96. Notably, the chart shows a downward channel forming since the recent peak near $3.65. The price has retreated from $2.85 and $2.73 points, which previously acted as minor support and resistance

Observers indicate that the price hovering around $2.96 requires monitoring to determine whether buyers can push above $3.03 in the short term. Volume remains supportive, particularly around $2.94, signaling investor focus at these levels.

Macro Support Levels and Volume Observations

Macro support between $2.67 and $2.73 continues to provide a base, as highlighted in historical price movements from previous months. The price of XRP has reversed this area several times, and the 50-day moving average is very close to $2.73. It is worth noting that based on the volume profile, the level of activity peaks at about $2.94, which supports the significance of the level.

Investors appear attentive to these zones, with potential interest indicated by steady volume. This synergy between price and volume adds structure to trading decisions without introducing speculative conclusions.

Short-Term Range and Immediate Market Metrics

The short-term 24-hour range indicates consolidation between support at $2.94 and resistance at $3.03. The decline of 1.2% highlights minor retracement, while Bitcoin-paired movements remain below 1%. Analysts note that XRP has recently tested $2.85, which intersects with the lower trend channel. The current price action, combined with volume data, suggests heightened attention near $2.94. This observation provides a measurable framework for market participants tracking XRP within the daily trading range.