XRP has been experiencing a period of sideways trading, confined within a consolidation range with resistance at $1.47 and support at $1.34. According to NS3.AI, key metrics such as the MVRV Extreme Ratio indicate undervaluation and weak market sentiment. Additionally, exchange inflows suggest increasing selling pressure. In the absence of significant catalysts, XRP might breach the support level and move toward $1.21. However, a sustained surge in buying activity could potentially reverse this downward trend.