XRP teeters at a decisive price point, with $1.08 emerging as a vital support level holding the line against intensified selling. Currently trading around $1.10, buyers are struggling to absorb the pressure from bearish momentum.

Market Signals Point to Bearish Dominance

Despite the defense, XRP's short-term technical picture remains fragile. On the four-hour chart, the cryptocurrency trades below several key moving averages between $1.11 and $1.12, maintaining the bears’ upper hand. A recent breach of the former triangle support further weakens the market structure, increasing pressure on bulls to reclaim higher territory swiftly.

Momentum metrics echo this bearish sentiment: the Relative Strength Index (RSI) hovers near 39, lagging behind its signal line near 45, indicating subdued buying strength even after a modest rebound. While this bounce has tempered the decline, a solid trend reversal remains unconfirmed.

Market analyst Diana highlights two clear scenarios. If XRP holds above $1.08 and can push through the resistance zone near $1.11 to $1.12, it could set the stage for a rally toward $1.145 and possibly $1.20. A sustained move beyond those levels may activate a run at the significant resistance range of $1.29 to $1.30, suggesting a broader recovery could be underway.

Conversely, a break below $1.08 risks triggering a steep selloff. Diana projects a slide down to around $0.91, with strong support near $0.86 translating into roughly a 21% drop from current prices. This makes the $1.08 threshold the critical battleground for traders watching XRP’s next move.

this technical uncertainty contrasts with improving fundamentals. XRP has gained from regulatory advancements, expanding institutional interest, the growth of the Ripple ecosystem, and inflows exceeding $1 billion into spot XRP ETFs. Yet the token remains far from its 2025 highs, leaving investors puzzled by the lack of a sustained bullish rally despite these positive developments.

Long-term optimism persists as well. A seasoned market watcher recently suggested that a macro breakout retest could fuel a rise toward $6.40, with an ambitious $30 target possible if broader market conditions align favorably. Meanwhile, attention remains fixed on whether the $1.08 support can hold against bearish pressure.