XRP is currently trading around $1.36, and here’s what’s interesting to observe. The token shows an intriguing divergence — over 7 billion tokens have exited exchanges since February, which should normally support the price, but the rally remains stalled. Volumes are above average by 29%, yet a breakout above $1.35 has not occurred.

Traders note that such situations rarely last long. When supply decreases and the price stays stagnant, it often precedes a sharp move. The token should hold support at the $1.31-$1.32 level, and if it breaks above resistance, the next target is $1.42.

For now, the picture looks like this: a large compression between the reduction of available tokens and subdued momentum. Sellers are still active, but this balance is clearly unstable. It’s worth monitoring whether the price will break out of this zone — that will be a key signal for the next move.