I just reviewed XRP's movement, and the token is quite tight at the moment. After a quick drop during the session, buyers stepped in to defend the $1.35 support, so now we are in a fairly narrow consolidation zone between $1.35 and $1.36-$1.37. The range is just 1.9%, suggesting that something significant could be coming.

The action was interesting when we saw XRP drop to $1.347 with notable volume, confirming there is selling pressure above $1.36. But buyers didn't let it fall further, indicating that demand remains present at these levels. The token has been in a broader corrective phase since late February, mainly driven by technical factors. Institutional flows have been mixed, and derivative activity has decreased slightly, so speculative participation has diminished.

Now everyone is watching whether XRP can hold this support at $1.35. If it does, we could see a rebound toward $1.40, but if it falls below, the next support level is around $1.30-$1.32. For now, the token is at that breaking point where traders need to see confirmation of direction before making the next move.