Ripple XRP price is trading at $1.0648 with a –1.22% drawdown over the last 24 hours, and the chart is not sending any signals worth buying ahead of.
The token has spent weeks grinding near the bottom of a range that stretches all the way down from highs above $2.50, with each attempted recovery fading before $1.10. What happens at the $1.05–$1.06 support band over the next 48 hours will likely define the next meaningful move.
XRP has printed a narrow consolidation near the lows with no confirmed reversal structure. Derivatives markets offer little conviction either way: funding rates are close to neutral, leverage has pulled back, and liquidation activity has been relatively balanced.
That’s not a recipe for a quick squeeze, in either direction. Broader crypto sentiment and market cap data show XRP holding sixth place overall, with a market cap of roughly $66B and 24-hour volume near $977 million.
The Ripple-SEC regulatory overhang remains the macro backdrop; there have been no new filings in the past 48 hours, but final resolution uncertainty continues to cap institutional enthusiasm. If broader risk appetite turns, XRP will feel it first.
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Can XRP Price Recover Above $1.10 This Week?
XRP price is trading at $1.0648, sitting uncomfortably close to the support zone that has held since late June. The $1.05 to $1.06 band has attracted buyers on multiple tests, including a brief violation on July 28 that reversed quickly.
That bounce did not stick above $1.10, the level that actually matters for any bullish narrative to gain traction.
Daily RSI stands at 43.71, below both the neutral 50 level and its own moving average of 44.87. Not oversold. Just weak. MACD tells a similar story.
The MACD line is printing near -0.0110, barely below the signal line at -0.0101, with a histogram reading of roughly -0.0009. Momentum is soft rather than collapsing, which is arguably the more frustrating setup for traders looking for a clear directional entry.
XRP holding $1.06 on a daily close, volume picking up to signal genuine buying interest, and price reclaiming $1.10 reopens the $1.18 to $1.20 range, with the likely catalyst being a macro risk-on shift or a Ripple-SEC development.
Continued range trading between $1.05 and $1.10, with low conviction on both sides, is the more likely near-term path, given neutral derivatives and fading volume. A daily close below $1.05 exposes the psychological $1.00 level and the late-June lows near $1.01. The July 28 wick showed buyers exist there, but a second test of that area rarely holds as cleanly as the first.
The setup favors patience. AI-driven price models for XRP’s 90-day trajectory have also flagged this consolidation zone as a decision point, aligning with what the raw chart is showing. XRP price could resolve either way. But the burden of proof is on the bulls.
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Maxi Doge Targets Early Mover Upside as XRP Tests Key Levels
XRP at $1.06 with RSI sub-45 and no fresh catalyst is a holding pattern, not a conviction trade. For capital that’s already sitting on the sidelines while waiting for a directional break, early-stage presale exposure has been attracting attention, particularly from traders who’ve watched large-cap altcoins underperform while sub-$1M mcap launches run multiples in the same window.
Maxi Doge (MAXI) is a meme token built on Ethereum that has carved out a distinct lane: it targets the overlap between leverage-trading culture and meme-coin community mechanics (a niche that, frankly, has more overlap than most analysts want to admit).
The project has raised $4,835,662.79 at a current presale price of $0.0002832, with a dynamic staking APY available to presale participants. Features include holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury allocated to liquidity and partnerships, and a meme-first marketing approach that’s generated organic traction without paid distribution.
Tokenomics and launch execution still carry standard presale risk; this is early-stage capital, not a liquid position, but the raised figure and community-driven structure give it more infrastructure than most meme launches at this stage. Traders looking for asymmetric setups while XRP consolidates should research Maxi Doge at MaxiDogeToken.com.
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The post XRP Price Is Stuck Grinding Near Multi-Week Lows: What Happens at $1.05 Next? appeared first on Cryptonews.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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