XRP Price Stuck in Neutral as Sellers Maintain Upper Hand
XRP has been trading sideways around $1.11 after recovering from its recent low near $1.01.
This price action is occurring while XRP remains below its 20-, 50-, 100- and 200-day EMAs, indicating that sellers are still holding the advantage across higher timeframes.
The asset's price is also failing to clear technical resistance around $1.13, which is a key hurdle for XRP to overcome if it wants to shift the broader trend.