CoinDesk analyzed that XRP is raising its low above $1 after last week's sell-off, but a sideways trend could continue until it breaks $1.1. The media outlet stated, "XRP maintained the $1.08 support line multiple times during U.S. trading hours and rose to around $1.10, but failed to break the $1.1087 resistance. The lows have risen to $1.0552, $1.0589, and $1.0799, improving the short-term chart. Trading volume increased during the rise, confirming buying pressure, but selling orders continue to emerge at the $1.1087 resistance level. If $1.08 is broken, the next support level is $1.0611, and if $1.1087 is decisively surpassed, there is room for an increase to $1.12-$1.13. However, until it settles above $1.10-$1.12, it is not a breakout but a phase of consolidating the floor," they explained.
