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XRP Price Struggles Below Key Resistance Levels

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XRP
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XRP's price has been struggling to break above key resistance levels, stuck below $1.08 as bearish control remains strong.

The cryptocurrency has broken out of a symmetrical triangle pattern and is currently facing resistance from moving averages at $1.09, $1.10, and $1.20.

Trading volume is low, indicating that investors are waiting for a catalyst to spark a trend reversal.

If XRP fails to hold support near $1.05-$1.06, it could drop towards the critical $1.00 level, reinforcing the downtrend.

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