Ripple Price Analysis: XRP Stalls Between $1.20 Support and $1.80 Resistance After Rejection

XRP recently faced rejection near the midpoint of its long-term price channel around $1.65, keeping the token locked inside a $1.20–$1.80 trading range. The price has bounced from the key $1.20 demand zone but remains capped by resistance around $1.80 and a descending structure. A confirmed breakout on either side of this range is likely to shape the next strong directional move for XRP.