XRP Price Teeters on Edge of Collapse or Relief Rally

XRP is currently trading at $1.03 on the edge of its Bollinger lower band, with smart money 77% long and seller exhaustion data pointing toward a relief rally.

However, if $1.00 cracks, a flush to $0.88 becomes possible, according to blockchain news.

The technical reality check reveals that every single moving average XRP owns is stacked above price right now, indicating a downtrend.

The 200-day sitting at $1.32 is practically irrelevant in the near term, but the clustering of the 7, 20, and 50-day averages between $1.06 and $1.09 means any attempted recovery gets immediately tested by layered overhead supply.