Following a three-day surge that saw XRP reach highs of $2.36, the cryptocurrency has experienced a price correction, falling from its peak to lows around $2.12 before rebounding above its daily simple moving average (SMA) 50 at $2.19. Despite recent volatility, a confined range has characterized XRP’s trading activity in recent days. The token has remained above the SMA 50, even as bears attempted to push it lower. 🔎 Focus now shifts to whether XRP can flip its daily SMA 50 into genuine support, potentially paving the way for further gains toward targets of $2.50 to $3.00. However, if this momentum falters, a dip below the SMA 50 could trigger XRP to seek support at $2.12 or even $2. 📈 On Wednesday, volatility in the crypto market was notable, with XRP falling nearly 7% before rebounding. Binance saw a surge in whale inflows for both Bitcoin and XRP during this period of heightened activity. This week, however, markets have largely remained confined to a narrow trading range as the market awaits potential explosive growth.