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XRP Stuck at $1.00 as Sellers Tighten Grip on Crypto

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XRP
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XRP's price is hovering at $1.00 as sellers maintain control of both short- and long-term timeframes.

As of August 11, Ripple's XRP has posted a loss of over 3.21%, with a daily trading volume increase of 46% to $1.18 billion.

The asset initially traded at a high of $1.04 before plummeting to its current price range due to bearish pressure.

The key levels from last week, $1.05 and $1.08, remain crucial in determining the direction of XRP's price movement.

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