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XRP (XRP) stayed under pressure as traders watched resistance near the upper end of its recent range.\u00a0<\/p>\n
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The token traded at about $1.40, while market data showed a supply wall between $1.57 and $1.59. That zone has limited the pace of recovery after the losses seen in February.<\/p>\n
XRP traded near $1.42 at the time of reporting, with a 24-hour trading volume of about $2.46 billion. The token posted a small daily gain of 0.42%, but it remained down 5.95% over the last seven days. Its market cap stood at about $87.09 billion, based on a circulating supply of 61 billion XRP.<\/p>\n
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Price action has stayed weak as XRP struggles to move back above nearby resistance. Market data points to heavy supply between $1.57 and $1.59, and that area has capped recent upside attempts. As long as XRP stays below that band, traders may keep watching for more range-bound movement.<\/p>\n
Crypto analyst Javon Marks said<\/a> XRP is showing strength on lower time frames after \u201cwhat looks to be a macro breakout retest.\u201d He added that this retest could support a continuation move if buyers keep defending the current zone.<\/p>\n Marks also repeated his long-term target of $15 or higher for XRP. That call remains far above the current market price, but his view has added to the debate around whether XRP is forming a base after the recent pullback. For now, the chart still shows a market trying to stabilize below a major supply zone.<\/p>\nExchange reserve data shows unusual pattern<\/strong><\/h2>\n