XRP drifts toward $1.10 support as traders await break from three-week range
Weak volume and fading momentum kept XRP pinned near the bottom of its recent range, with the $1.05-$1.10 area emerging as the market’s key line in the sand.
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Summary
- XRP is again testing key support near $1.05 to $1.10 after a month of range-bound trading and a 1.8 percent drop in the latest session.
- Institutional demand remains resilient, with XRP ETFs drawing $2.4 million in fresh inflows even as network activity, futures positioning and retail sentiment soften.
- Traders are watching for a decisive move, as a break below $1.05 could refocus attention on $1.00, while a push above roughly $1.18 to $1.30 is needed to shift the broader bearish structure.
