What next for XRP as volatility sinks to 2024 lows

Technical traders see a compression setup, with $1.39 as key support and $1.44 as near-term resistance that could open a move toward $1.50 to $1.62 if reclaimed. What to know : XRP is consolidating around $1.42 as volatility falls to levels last seen before a major 2024 rally, prompting speculation that the current downtrend may be nearing exhaustion. Technical traders see a compression setup, with $1.39 as key support and $1.44 as near-term resistance that could open a move toward $1.50 to $1.62 if reclaimed. With volatility near prior cycle lows, analysts say the timing and direction of the next breakout will likely hinge on how long this low-volatility base-building phase can persist.(Coindesk)