The post XRP Consolidates as Leverage Pulls Back From Summer Highs appeared on BitcoinEthereumNews.com. XRP’s tight range reflects cautious traders awaiting a decisive break from compression Futures positioning cools as leverage resets and traders shift toward balanced exposure Persistent spot outflows signal ongoing distribution pressure despite brief inflow spikes XRP continues to trade in a narrow band as its price hovers near $2.06, reflecting a market that remains cautious after repeated attempts to break higher. The token’s recent rejection at the $2.15–$2.16 resistance cluster has kept momentum muted, even as traders monitor tightening support levels that could define the next major move.  Compression Holds Price Between Key Boundaries XRP has struggled to break above the $2.15–$2.16 zone, which aligns with the 4H EMA ribbon and the 38.2% Fibonacci retracement. Buyers attempted several recoveries; however, each push met renewed selling pressure.  XRP Price Dynamics (Source: Trading View) The broader trend remains downward as XRP stays under the 200 EMA. Moreover, the market structure continues to show lower highs, reinforcing the need for a strong breakout to shift sentiment. Support sits at $2.03–$2.06 and has held through recent pullbacks. However, losing this zone could invite a move toward $1.99 or even $1.95. These levels carry weight due to past consolidation and dynamic support interaction. A break below them would significantly weaken the short-term outlook. Additionally, $1.82 remains a major trend-defining support that anchors the broader structure. Futures Positioning Moderates After a Strong Summer Surge Source: Coinglass Open interest trends suggest traders remain engaged, though enthusiasm has cooled since mid-year. Futures open interest rose steadily through early 2025 and accelerated sharply during June and July. It peaked above $8 billion in August as XRP approached $2.30. However, open interest later eased as the broader market corrected.  Related: Bitcoin Price Prediction: BTC Attempts a Recovery as Futures Interest Climbs As of December 5, it stands near $3.71 billion.… The post XRP Consolidates as Leverage Pulls Back From Summer Highs appeared on BitcoinEthereumNews.com. XRP’s tight range reflects cautious traders awaiting a decisive break from compression Futures positioning cools as leverage resets and traders shift toward balanced exposure Persistent spot outflows signal ongoing distribution pressure despite brief inflow spikes XRP continues to trade in a narrow band as its price hovers near $2.06, reflecting a market that remains cautious after repeated attempts to break higher. The token’s recent rejection at the $2.15–$2.16 resistance cluster has kept momentum muted, even as traders monitor tightening support levels that could define the next major move.  Compression Holds Price Between Key Boundaries XRP has struggled to break above the $2.15–$2.16 zone, which aligns with the 4H EMA ribbon and the 38.2% Fibonacci retracement. Buyers attempted several recoveries; however, each push met renewed selling pressure.  XRP Price Dynamics (Source: Trading View) The broader trend remains downward as XRP stays under the 200 EMA. Moreover, the market structure continues to show lower highs, reinforcing the need for a strong breakout to shift sentiment. Support sits at $2.03–$2.06 and has held through recent pullbacks. However, losing this zone could invite a move toward $1.99 or even $1.95. These levels carry weight due to past consolidation and dynamic support interaction. A break below them would significantly weaken the short-term outlook. Additionally, $1.82 remains a major trend-defining support that anchors the broader structure. Futures Positioning Moderates After a Strong Summer Surge Source: Coinglass Open interest trends suggest traders remain engaged, though enthusiasm has cooled since mid-year. Futures open interest rose steadily through early 2025 and accelerated sharply during June and July. It peaked above $8 billion in August as XRP approached $2.30. However, open interest later eased as the broader market corrected.  Related: Bitcoin Price Prediction: BTC Attempts a Recovery as Futures Interest Climbs As of December 5, it stands near $3.71 billion.…