XRP has faced a period of sideways momentum over the past month, with its price consolidating between key levels. This range-bound movement suggests that the altcoin has been struggling to break free from the pressure that led to its current consolidation. Given the ongoing market conditions, XRP could face further decline before any potential recovery. XRP Faces Extreme Pressure The MVRV Extreme Ratio, which measures the relationship between market value and realized value, indicates that XRP is undervalued and under pressure
source: https://beincrypto.com/xrp-price-recovery-delayed-as-pressure-rises/