XRP Prices Hit a Wall at $1

XRP's price has been struggling to break through the $1 level, currently hovering around $1.02 on August 11th.

The token is showing continued weakness on the four-hour chart, with momentum remaining weak.

The key area of support is at $0.99-$1.00, below which a potential drop to $0.94 and further to the broader $0.94-$0.86 zone could occur.

To improve its short-term outlook, XRP needs to reclaim $1.036, the first level bulls need to focus on.