XRP remains in an accumulation phase, consolidating within a key range, with potential breakout scenarios depending on market triggers.
Nasdaq’s filing for an XRP ETF could boost institutional adoption, but regulatory approval remains uncertain.

The XRP price is currently in an accumulation period, with movement restricted to the range of $2.2629 to $2.5090. The most recent analysis from Linda Trading indicates that the asset has not shown any indicators of deviating from the continuous consolidation trend. The price movement is still sideways, gathering liquidity before finally determining the next direction.
Source: Linda Trading

Linda Trading highlighted that although there was a slight increase after the liquidity clearing below the key level, it was not strong enough to confirm a solid uptrend. She said:

“XRP price is still in accumulation, market manipulation continues to occur, the trend has not been broken, and the market is waiting for a major trigger.”

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