While the crypto market keeps one eye on Bitcoin and another on macro policy, the XRP price has entered a critical consolidation phase, with both price and investor sentiment in wait-and-see mode. As the U.S. Federal Reserve prepares for its next interest rate decision, all eyes are on whether XRP will break out of its current range—or sink further.
Sentiment Flatlines as Traders Pause
According to recent data from CryptoQuant, XRP exchange outflows have stagnated at historically low levels. This suggests that both retail and institutional players are sitting on the sidelines, waiting for a directional catalyst. The subdued activity comes after weeks of modest upward momentum in May, now clearly fading.
Source: CryptoQuant
Outflow data across all value bands—from sub-10K XRP transactions to whale-tier moves over 1M XRP—shows a lack of conviction. Such periods of low volatility and volume typically precede significant price movements, but the direction remains uncertain.
XRP Price Technicals: Compression in Focus
On the chart, XRP is currently trading around the $2.15 mark, bouncing between key support at $2.05 and resistance near $2.35. Daily candle patterns show increasingly tight ranges, hinting at a squeeze that could resolve in a breakout or breakdown.
Source: Tradingview
Volume continues to dwindle, adding to the suspense. RSI remains neutral, and no major divergence is forming, making the upcoming macro signals even more important for direction.
Market Awaits Fed Signal – and Ripple Ruling
Much of this indecision comes from the broader macroeconomic climate. The Fed’s upcoming interest rate decision, scheduled within the week, is expected to shape the short-term trajectory of both equities and crypto. A dovish tone could unlock upside momentum across risk assets—including XRP.
Simultaneously, XRP is navigating legal uncertainty. While the SEC vs. Ripple lawsuit inches toward a final ruling, any movement in that case could dramatically shift sentiment.
Final Thoughts: XRP’s Tight Coil Could Snap Soon
XRP is in limbo—but not for long. With macro catalysts like the Fed and micro triggers like the Ripple case converging in the coming weeks, volatility is likely to return. The key level to watch remains $2.35; a close above this range could reignite bullish momentum, while a breakdown below $2.00 may trigger a deeper correction.
