XRP Stuck at Resistance as Institutional Demand Fails to Boost Price

XRP is struggling to break above its strong resistance around $1.10, repeatedly rejected by its key moving averages. Despite attempts to escape a symmetrical triangle pattern, bearish pressure remains, with XRP trading below its 200-day moving average at $1.21.

Trading volume is weak, indicating a lack of strong buying interest, and momentum indicators show cautious sentiment. A decisive daily close above $1.10 could trigger a rally toward $1.21, while support holds at $1.05 and $1.00 remains a key downside level if that breaks.

XRP's price movement is also influenced by its real-world adoption, with over $1.5 billion in ETF inflows and steady institutional demand despite ongoing regulatory uncertainty from the SEC.