XRP is holding above its crucial $1.08 support despite numerous attempts by sellers, forming a series of higher lows that analyst Diana says preserves a bullish technical structure. In a market update, she noted that each rejection at this level attracted buying interest, stabilizing the price around $1.09 and compressing it within a narrow range—a setup that often precedes a sharp directional move.
The Relative Strength Index (RSI) is sitting near 48 and holding above its signal line, indicating that bearish momentum has not strengthened even as price remains depressed. Diana highlighted $1.10 to $1.105 as the first resistance hurdle, followed by $1.145, and if those are cleared, a rally toward $1.20 and eventually the $1.29–$1.30 region could materialize. She emphasized that a confirmed break above the $1.10–$1.13 zone would be the first signal that buyers are regaining control.
Separately, technical data paints a cautious picture: XRP continues to trade below all major exponential moving averages (20-, 50-, 100-, and 200-day), keeping the broader trend bearish. However, open interest has declined, suggesting leverage is cooling, while exchange outflows indicate that holders are accumulating despite weak price action. This mixed backdrop places added importance on the $1.10 breakout—without it, the bearish EMA alignment remains dominant.
