XRP Stalls Above $1.00 Amid Neutral Technical Indicators and Low Volumes
XRP has been trading above $1.00, but its recovery momentum is faltering according to technical analysis.
The price of XRP continues to defend the psychological $1.00 mark, a level that has acted as a floor in recent sessions.
However, the lack of strong buying pressure suggests that the recovery may be fragile, with trading volumes below the 20-day average indicating indecision among market participants.
The Relative Strength Index (RSI) sits near 45, reflecting neutral momentum. A break below $1.00 could trigger further downside toward the next support at $0.92, while a sustained move above $1.20 would signal renewed bullish interest.