XRP Price Consolidates Below $1.40 After Volatile Trading Session

XRP's price has been on a rollercoaster ride, reaching as high as $1.4109 before plummeting to $1.3987 amidst heavy trading volumes of over $103 million.

The sudden drop below the critical $1.40 support level has sent shockwaves throughout the market, with analysts now closely monitoring the cryptocurrency's next move.

XRP is currently trapped within a narrow corridor between $1.38 support and $1.41 resistance, with its direction uncertain until it breaks free from this consolidation phase.