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XRP Faces Strong Resistance Near $1.10-$1.13

Guavy AI Editorial Team Published August 3, 2026

Instruments

XRP

XRP is stabilizing around $1.07 after successfully defending its support level near $1.04.

However, the cryptocurrency faces strong resistance between $1.10 and $1.13, which is limiting its upward momentum.

Institutional demand remains solid, with consistent exchange-traded fund (ETF) inflows and on-chain accumulation indicating steady buying interest.

The market shows indecision, with the price consolidating within a year-long pattern of lower highs and steady support around $1.00-$1.05.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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