XRP is trading at $1.0648, down 1.22% in the last 24 hours, as the token continues to hug the lower end of a range that once saw highs above $2.50. Each attempted recovery has faded before reaching $1.10, leaving the $1.05–$1.06 band as a critical support zone. A daily close below $1.05 would put the psychological $1.00 mark and late-June lows near $1.01 in play.
Technical picture: soft momentum, neutral derivatives
The daily RSI sits at 43.71, below the neutral 50 line and its moving average of 44.87. The MACD histogram is near -0.0009, signaling weak momentum. Derivatives markets, however, show neutral funding rates, reduced leverage, and balanced liquidation activity — suggesting traders aren't piling on either side. That leaves price direction to spot flows and external catalysts.
Ripple-SEC overhang still caps enthusiasm
No new filings have emerged in the past 48 hours, but the unresolved regulatory case continues to weigh on institutional appetite. The uncertainty is a known drag: every time XRP tries to rally, the legal cloud pulls it back. A daily close above $1.10 with volume could reopen the $1.18–$1.20 range, but that likely requires either a macro risk-on shift or a concrete Ripple-SEC development.
Maxi Doge raises $4.8M in presale
Separately, meme token Maxi Doge (MAXI) on Ethereum has raised $4,835,662.79 at a presale price of $0.0002832. The project offers dynamic staking APY and holder competitions — a familiar playbook in the meme-coin space. Whether it can sustain interest beyond the presale remains an open question.
