XRP Price Hovers at Resistance as Buyers Defend Recent Lows
Ripple's XRP is showing signs of stabilization after a sharp decline from higher levels. However, this recovery is limited by multiple resistance zones that continue to attract sellers.
Buyers have defended the $1.02 to $1.04 demand zone, but a clear structural breakout is required for a stronger upside move.
On the daily chart, XRP remains inside a broader descending channel that has shaped the price action for months.