What to know:
- XRP has failed again at $1.08 while bears retained short-term control.
- Bulls must reclaim resistance before targeting $1.18 and $1.30 next.
- Failure to reclaim the target could send XRP toward $0.90-$0.87 support before recovery resumes.
XRP remains trapped below the $1.08 resistance level after another unsuccessful breakout attempt. In a post on X, crypto analyst Diana identified $1.08 as the key level bulls must reclaim before the token can target higher resistance.
Second Rejection Raises Focus on Key Support Levels
The latest rejection marks the second consecutive failure to break above the $1.08 resistance zone. Consequently, traders are closely monitoring whether buyers can regain momentum or another wave of selling emerges.
Diana outlined two possible scenarios depending on XRP’s next move. A successful breakout above $1.08 would strengthen the short-term outlook and clear the way for the cryptocurrency to challenge resistance at $1.18 before targeting $1.30.
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However, remaining below the resistance level would increase downside risks. The analyst noted that another rejection could send XRP back toward the $0.90 to $0.87 support zone before the market attempts a broader recovery.
The latest outlook follows XRP’s recent defense of the psychologically important $1.00 level. That rebound temporarily eased bearish pressure and encouraged buying interest. Nevertheless, buyers have so far failed to convert that momentum into a sustained breakout above resistance.
Repeated failures at the same price level often indicate that sellers continue to defend their positions. As a result, market participants remain cautious until XRP produces a convincing move above the current barrier.
Bulls Must Reclaim $1.08 to Shift Momentum
According to Diana, reclaiming $1.08 remains the first requirement for any meaningful recovery. Breaking above that level would place $1.18 in focus, while continued buying momentum could eventually push XRP toward the stronger resistance at $1.30.
In addition to the resistance levels, traders are monitoring support around $0.90 to $0.87. That range could attract renewed buying interest if XRP extends its current weakness. Market participants typically look for increased trading volume alongside a breakout to confirm that buyers have regained control. Without stronger participation, another rejection could reinforce the existing bearish trend.
The broader cryptocurrency market conditions are also influencing XRP’s price action. Several major digital assets have struggled to maintain upward momentum despite periodic recovery attempts, adding to the cautious trading environment.
Here’s What Comes Next for XRP
XRP’s next move depends largely on whether buyers can finally overcome the $1.08 resistance level. A decisive breakout would improve the technical outlook by bringing $1.18 and $1.30 into focus.
Conversely, another rejection would strengthen the possibility of a decline toward the $0.90 to $0.87 support region. Until either scenario plays out, the $1.08 level remains the most important price barrier determining XRP’s short-term direction.
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