XRP is back in the spotlight! 🎢 After a recent surge to $1.6, the price faced resistance and entered a consolidation phase. The market is currently showing low volatility, which may indicate a continuation of the correction in the short term.

On the daily chart, it can be seen that the price has pulled back to support at $1.3, where buyers are trying to maintain the upward trend. However, the RSI indicates overbought conditions, confirming the uncertainty.

On the 4-hour chart, a bullish structure is maintained, but for growth to continue, the upper boundary of the flag needs to be overcome. A breakout could bring the price back to $1.6 and above. 🚀