XRP holds $1.34 as supply tightens but price fails to break higher

Record outflows and rising scarcity suggest accumulation, yet failure to break higher keeps setup unresolved. What to know : XRP is trading around $1.34 after a modest gain, even as roughly 7.03 billion tokens left exchanges in February, tightening available supply. Trading volume is about 29 percent above its weekly average, but repeated failures to break above the $1.34 to $1.35 area show sellers still capping rallies. Analysts say the current compression between shrinking supply and muted price action typically resolves in a sharper move, with $1.31 to $1.32 as key support and $1.42 as the next upside target if resistance breaks.