XRP Price Struggles at $1.00 Support Zone

XRP is currently trading near $1.03 as it tests a key support area between $1.01 and $1.04. This zone has provided a floor for the price in the past, but current momentum is weak. The broader trend remains bearish because the price sits inside a descending channel and stays below major moving averages.

Buyers are fighting to keep the price above $1.01, but the lack of strong buying interest is a concern. If this support level breaks, the price could slide further toward the $0.88 to $0.93 range. Traders are watching the $1.01 level closely to see if it holds or gives way to deeper losses.

To turn things around, XRP needs to break through immediate resistance at $1.07. Even if it moves higher, the asset faces a bigger hurdle at $1.13 to $1.15. Until the price clears these levels, the market remains cautious about any meaningful recovery.