Bears are dominant in the current market conditions with most coins displaying a negative trend. The XRP price has remained relatively stable with minimal fluctuations. On the hourly chart, XRP is experiencing bullish momentum, approaching the local resistance level of $0.5344. A breakout at this point could lead to further upward movement towards $0.5450. However, on a larger time frame, XRP is distant from significant price levels, indicating a lack of decisiveness from both buyers and sellers. Consequently, the sideways trading range of $0.52-$0.54 appears to be the most probable scenario. In the mid-term, trading volume remains low, signifying a lack of significant market activity. Traders should anticipate consolidation around $0.54 until the month's end. The current trading price of XRP is $0.5351.