Ripple (XRP) surged sharply at one point during the session but has since given back most of its gains, trading near flat.

■ 6.7% intraday swing... flat around $1.47

On the 24th, Ripple (XRP) was trading at $1.4790 on the Binance spot market. The 24-hour opening price was $1.4781, meaning the current price is up about 0.1% from the open — essentially flat.

Over the same period, the intraday high was $1.5507 and the low was $1.4532. The spread between the low and high reached about 6.7%, but the price has since fallen back near the open, showing the intraday strength did not carry through.

■ Gains capped by selling pressure near the high... supply-demand battle continues

The pullback after the intraday high appears to be the result of a mix of short-term buying and profit-taking. In particular, selling pressure intensified near the high, limiting the upward momentum.

The 24-hour trading volume was about 250.47 million XRP, with trading value of about $374.70 million. The fact that the price returned near the open despite active trading shows the tug-of-war between buyers and sellers is continuing.

■ More limited gains than Bitcoin and Ethereum... 'market sentiment rather than catalysts'

Across the market, major cryptocurrencies showed limited gains. According to the latest daily market summary, Bitcoin rose 0.2%, Ethereum 1.2%, and Solana 2.4%. XRP's gain was relatively modest compared to these major assets.

This trend indicates that XRP is being influenced more by overall risk appetite and liquidity shifts in the crypto market than by any strong independent catalyst of its own. Based on current data alone, no single distinct catalyst explaining the day's price movement can be clearly identified.

■ Short-term key is absorbing the $1.55 sell wall... watch for $1.45 support

In the short term, the key question is whether the intraday sell wall formed around $1.55 can be absorbed again. If trading value is sustained and the high is retested and broken, upward momentum could strengthen again. Conversely, if the price is pushed toward the intraday low in the $1.45 range, volatility could expand once more.

In short, XRP has entered a phase of absorbing sell orders and searching for direction again after the intraday surge. The movements of major coins such as Bitcoin and Ethereum, XRP trading volume, and overall market liquidity are cited as the main variables that will determine its short-term direction.

[This article was written with AI assistance. Cryptocurrencies are highly volatile assets, and this article is intended to provide market information, not investment advice.]