XRP Hovers Above $1.08 Lifeline as Bears Eye $0.86

XRP is at a critical juncture as bears target $0.86, putting the token's recent support level of $1.08 under pressure.

Market analyst Diana notes that if bulls successfully defend $1.08 and reclaim the $1.11-$1.12 resistance zone, bullish momentum could strengthen, potentially leading to a rally towards $1.145 and then $1.20.

A sustained breakout above those levels would shift attention to major resistance between $1.29 and $1.30, which could mark the start of a broader recovery for XRP.

However, losing $1.08 could trigger a sharp selloff, with Diana expecting a breakdown to send XRP towards $0.91, and stronger macro support near $0.86, representing a decline of roughly 21% from current prices.