XRP Struggles at $1.00, Bitcoin Seeks Stability Above $66,300

XRP is still trapped in a clear downtrend and has not yet responded strongly to its recent attempt to stabilize around $1.00.

The asset is currently trading close to $1.002, placing it at one of its most technically sensitive levels this year.

For XRP to achieve a short-term recovery, it must first reclaim the $1.04, $1.08 region and then move above $1.08, which would reveal the $1.15, $1.16 resistance zone.

The price is no longer significantly lower than its moving averages compared to the June decline, but this stabilization has not resulted in a more widespread reversal of the trend for Bitcoin.