XRP went nowhere for most of last week. Price stayed stuck in a tight range, which left both buyers and sellers without a clear signal. There was no breakout and no breakdown, even as other parts of the market showed more movement. In our recent XRP price prediction, this kind of action was already expected. The view was that XRP would likely trade between $1.88 and $2.05 unless something strong pushed it out of that range. A clean move above $2.05 would open the door toward the $2.20 to $2.30 area. On the downside, losing support could bring $1.70 back into focus.
That view still holds today, especially after XRP jumped roughly 10% from recent lows. The bounce helped short-term sentiment, but it also brought price into an area where caution usually starts to matter. On the 4-hour chart, a fresh signal has appeared that suggests the move may be losing steam.
Ali Martinez shared a chart showing this setup, and his takeaway is clear. After a fast rebound, XRP may be nearing a local top. On the 4-hour timeframe, price has reached a zone where momentum often begins to fade. The candles reflect this shift. Instead of pushing higher with strength, price has started to slow down and move sideways.
This does not mean XRP is about to reverse sharply. What it does indicate is that buyers may be running out of energy in the short term. In similar situations in the past, XRP has often pulled back slightly or moved sideways before choosing its next direction.
The recent high also sits near a level that has acted as resistance several times before. This area has stopped rallies more than once over the past few weeks, which makes it a natural place for traders to take profits. The lack of follow-through after the bounce supports the idea that buyers are hesitating.
Looking at the bigger picture, this fits the broader range scenario. XRP has still not broken above $2.05 in a convincing way. Until that happens, rallies remain fragile and prone to pullbacks, especially after quick moves higher.
At the same time, a short-term top does not automatically mean a sell-off. XRP often spends time moving sideways after these signals. As long as price stays above $1.88, the wider structure remains stable.
For now, Ali Martinez’s chart is a reminder to stay patient. XRP is still stuck inside a consolidation range. The next meaningful move will depend on how price reacts near current resistance levels in the sessions ahead.
Read also: XRP Indicator Flashes Bottom Signal Just in Time for Christmas and New Year
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