XRP forms trading range after failing to break resistance, volatility expected

XRP has entered a trading range after failing to break the $1.36 resistance level, with significant volatility expected ahead, CoinDesk reported. The media outlet noted that while XRP recently attempted to surpass $1.36 with a high-volume bullish candle, the breakout ultimately failed, weakening short-term upward momentum. Price compression is intensifying within a triangular convergence pattern that has been forming since early 2025, signaling that a powerful move is imminent. On-chain data shows a continuous outflow of XRP from exchanges, suggesting that large-scale holders are in an accumulation phase rather than selling. It is also seen as a positive sign that the $1.30 support level is holding despite worsening overall market sentiment. A break below this level could lead to a further decline into the mid-$1.20 range, while a successful move above $1.36 could trigger a full trend reversal.