XRP is currently fluctuating around $1.08, and remains within the $1.07 to $1.10 range in the short term. The market is watching whether the price can further rise above $1.115, which will influence the direction of the next phase.
Whale buying supports short-term sentiment.
The report noted that whales have been continuously accumulating XRP recently, providing some support for the price. Meanwhile, some analysts believe that current market momentum has improved compared to the previous period, but whether a more definitive upward trend can form still depends on whether the resistance level can be effectively broken.
Payment activity and RLUSD adoption provide support
Besides price factors, XRP's medium- to long-term prospects are also driven by fundamental changes. With the increasing adoption of RLUSD and rising payment activity on the XRP Ledger, market attention is focused on its network usage.
The next target remains $1.115.
Judging from the current trend, XRP has not yet broken out of its trading range. If the price continues to remain between $1.07 and $1.10, it will likely continue to consolidate within this range in the short term. Whether it can break through $1.115 will be the key point to observe in determining the market's next move.
