XRP Price Is Stuck Grinding Near Multi-Week Lows: What Happens at $1.05 Next?

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XRP is trading at $1.0648, down 1.22% over the past 24 hours, consolidating in a tight range near the $1.05 to $1.06 support band. The cryptocurrency holds sixth place in overall market cap at roughly $66 billion, with 24-hour trading volume near $977 million. The daily RSI stands at 43.71, below the neutral 50 level, and the MACD line is printing slightly negative at -0.0110, indicating soft rather than collapsing momentum. The ongoing Ripple-SEC regulatory dispute continues to cap institutional enthusiasm, with no new filings in the past 48 hours. A daily close below $1.05 would expose the psychological $1.00 level, while reclaiming $1.10 would reopen the $1.18 to $1.20 range.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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