Everyone's watching XRP's $1.5 resistance. They're missing what's actually driving this range.
Popular take: XRP is consolidating and ready to pop. Bulls point to support holding and stabilization after volatility.
Here is what the data says. Exchange reserves are elevated — that means potential sell pressure is sitting and waiting. More importantly, the constraint isn't XRP-specific at all. Interest rate uncertainty and geopolitical tensions are the actual ceiling on this move. On-chain metrics alone won't unlock the next leg.
XRP is trading in a $1.4–$1.5 band where support holds but resistance consistently rejects. This is macro-trapped consolidation, not pre-breakout coiling.
Historically, assets in this setup require a macro pivot — not a chart pattern — to resolve.
Actual question worth debating: At what macro signal — Fed pivot, rate cut, geopolitical de-escalation — does XRP finally break out of the $1.4–$1.5 box with real conviction?