Noticed that XRP is currently pressing against the $1.34 level. Yesterday, there was an attempt to break below, but buyers picked up the price right at the $1.35 mark. Now, the token is consolidating within a narrow range between $1.34 and $1.37, and honestly, it looks like accumulation before a move.

Traders are now all eyes on this support. If it doesn’t break, the next target is $1.37–$1.40, where there might be some rebound. But if it breaks down, we’re looking at $1.30–$1.32. Over the weekend, volumes decreased, speculative interest waned, so the movement is driven more by technical levels than news.

It seems to me that traders are waiting for the price to choose a direction. For now, this is a correction that has been ongoing since the end of February. Looking at shorter timeframes, higher local lows are visible — this indicates that demand exists on pullbacks despite overall weakness. We’ll watch how the price behaves at $1.35; this is a key moment for traders.