XRP Price Prediction: Dead Cat or Launchpad? $1.08 Is the Line in the Sand
The post XRP Price Prediction: Dead Cat or Launchpad? $1.08 Is the Line in the Sand appeared on BitcoinEthereumNews.com. Luisa Crawford Jul 10, 2026 07:33 XRP is suffocating at $1.11 beneath a wall of downward-sloping moving averages, with momentum exhausted and volume drying up — hold $1.08 or brace for a slide to $1.02, with a 55% probability the p… XRP’s Technical Reality Check The setup here is about as subtle as a brick wall. XRP is trading at $1.11 — pinned between immediate resistance at $1.12 and support at $1.09 — with every major moving average looming overhead like a ceiling. The 50-day SMA sits at $1.17. The 200-day sits at $1.46. This isn’t a healthy chart experiencing a temporary pullback; this is a coin that has been systematically distributed from significantly higher levels and is now treading water, waiting for someone to make a decision. What makes this particularly telling is the total momentum vacuum the market is operating in. The MACD histogram