XRP Consolidation Continues Near $1.08 as Bulls and Bears Clash

XRP continues to trade in a tight consolidation range as buyers and sellers battle for control near the $1.08 level.

The cryptocurrency has successfully defended the psychologically important $1.00 support, but bullish momentum remains limited as repeated recovery attempts have failed below key moving averages.

From a technical perspective, XRP is still facing significant resistance from its 26-day and 50-day exponential moving averages (EMAs), highlighting persistent selling pressure.

The 100-day EMA near $1.20 represents the next major resistance level, while the long-term 200-day EMA around $1.39 continues to trend downward, indicating that the broader market structure still favors bears.