Crypto Markets Show Uneven Moves as XRP Struggles to Stay Above $1.00

Crypto markets showed uneven moves on August 11, with some assets displaying strength while others struggled. XRP was one of the weaker performers, trading near $1.03 and facing resistance at $1.07-$1.18. The risk of further decline is high if it falls below $1.00.

Zcash, on the other hand, holds a stronger technical position above key moving averages around $505, but needs to break $520 to gain upward momentum.

Ethereum attempted recovery near $1,900 but faces resistance at $1,923; a break above $1,950 could lead to a test of $2,000 and higher.

Bitcoin consolidates around $64,800, supported by short-term averages, but must surpass $66,800 to challenge $72,000.