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XRP Price Struggles Below $1.10 Amid Bearish Break

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XRP
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XRP is struggling to maintain a sustained recovery above $1.10 as sellers continue to control key technical levels.

The token's price has been hovering around $1.06-$1.08, leaving it close to a crucial support area with its short-term market structure tilted lower.

A bearish break of structure (BoS) on the four-hour chart has placed $1.045 in focus as the next notable downside level, and XRP is also trading below several short- and long-term moving averages.

Despite this, momentum indicators suggest that selling pressure is present but not yet extreme, with the 14-period Relative Strength Index (RSI) at around 43 and the broader oscillator reading remaining neutral.

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