$XRP Ripple is currently experiencing a low volatility phase, with its price fluctuating within the key $2-$3 range. This consolidation period indicates market indecision, and a breakout may determine XRP's next medium-term trend. On the daily chart, the $XRP price has recently been confined to the $2-$3 range, characterized by low volatility and subdued trading activity. This consolidation reflects a cautious market state, with participants waiting for a clear breakout to indicate the next directional move.

Currently, the cryptocurrency is stabilizing within the $2 support range, which is supported by historical significance, having been a previous high with concentrated demand. It serves as a key barrier preventing further downside and keeping Ripple within its consolidation range. Further support for a bullish outlook is provided by the RSI indicator stabilizing around 50, indicating a balance between buyers and sellers. This position lays the foundation for bullish momentum, potentially breaking the $3 resistance level. If this scenario materializes, Ripple may initiate a medium-term upward trend.