XRP Price Recovers Above Key Support as Bitcoin Sentiment Remains Dominant
XRP's price has recovered above $1.0650 after reclaiming this critical support level, but traders remain cautious due to lower trading volume and the ongoing influence of Bitcoin sentiment.
The broader market structure remains bearish, with lower highs and lower lows visible across previous months, giving sellers control on higher timeframes despite recent stabilization.
As a result, the $1.30 resistance level remains a major technical barrier for bulls, and traders are awaiting stronger confirmation from Bitcoin's next movement before establishing fresh positions in XRP.