Mixed sentiment leads XRP cryptocurrency to trade sideways; establishes tight $0.374 to $0.377 range

XRP drops $0.001 early on and steadies around the $0.376 level.

Ripple's upper Bollinger Band® is at $0.4, suggesting that a downward move may follow. Despite this, XRP is oscillating around the $0.373 level serving as support.

Despite the market lacking direction, technical chart analysis strongly suggests Ripple is positioned for a downward move in the near term.

At the same time, mixed performances are seen elsewhere as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. UNICORN Token USD is trading around $6.43 (down $0.197). MaticNetwork USD gained 3.09% and is now trading at $1.23.

Having set a significant high of $0.863 11 months ago, XRP is trading 56.37% lower. XRP is currently trading with a market cap of 19.17 billion with an average daily volume of 797.94 million.