XRP is currently consolidating below a significant resistance level of $1.51. This level is important for near-term price direction as traders weigh potential breakouts against continued selling pressure.
NS3.AI notes roughly $47 million in short interest positioned near the resistance, suggesting a potential squeeze or pullback depending on market sentiment. As reported by Binance, the current setup keeps XRP in a watchful range, with a breakout above $1.51 potentially signaling upside momentum while a rejection could bring renewed downside risk.
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