XRP Price Hits $1.90: Can It Break Out of the Consolidation Range?

The XRP token experienced a notable surge, reaching the $1.90 price level. However, the cryptocurrency is currently facing significant resistance, preventing a decisive breakout from its established tight trading range. Market analysts are closely monitoring this consolidation phase, as a successful breach above the current resistance could signal the start of a new bullish trend. Conversely, failure to break out may lead to a period of continued sideways movement or a potential retracement. The trading volume and broader market sentiment will be key factors in determining XRP's next major price move.