XRP price has been stuck within a tight range of $2.05 to $2.30 since mid-May, encountering resistance each time it attempts to break above the descending trendline. This indicates a continuation of the range-bound action unless there’s a significant volume spike or market shift. 2023 has been characterized by a lack of momentum as XRP continues to bounce between support and resistance levels without any clear upward thrust. Buyers have stepped in around the $2.05-$2.10 area on multiple occasions, yet each attempt stalls before hitting $2.30. A pattern of lower highs is emerging, suggesting sellers are stepping in earlier at every attempt. 2023’s price action has been mostly characterized by a lack of direction, a slow and steady trend that seems to be stuck between support and resistance levels.