XRP Price Prediction: Dead Weight at $1.08 — Bulls Must Reclaim $1.11 or the Floor Gets Tested
Aug 02, 2026 07:16 XRP is trapped beneath every major moving average with momentum frozen at zero, making $1.03–$1.05 the higher-probability near-term destination. Bulls need a daily close above $1.11 to even begin s… XRPs Technical Reality Check XRP at $1.08 is not a chart building toward a breakout — it‘s a chart in structural retreat looking for its next excuse to fall. Price sits below the 20-day at $1.09, below the 50-day at $1.11, and a punishing 25% under the 200-day moving average at $1.35. That moving average stack isn’t a coincidence; its the market telling you exactly where the weight of supply is parked. What makes this setup particularly dangerous is how dead the momentum has gone. The MACD line and its signal have converged into near-identical readings below zero, printing a histogram of flat zero — a reading that doesn‘t signal a bullish reversal so much as an exhausted sell-off waiting for the next catalyst to decide direction. The RSI grinding just under 47 corroborates this: buyers haven’t capitulated hard enough to create a real oversold extreme, but they haven‘t shown up with conviction either. It’s no-mans-land. The Stochastic oscillator, with %K at 31 and %D at 25, has slipped toward