XRP Price Is Stuck Grinding Near Multi-Week Lows: What Happens at $1.05 Next?

Ripple XRP price is trading at $1.0648 with a –1.22% drawdown over the last 24 hours, and the chart is not sending any signals worth buying ahead of.

The token has spent weeks grinding near the bottom of a range that stretches all the way down from highs above $2.50, with each attempted recovery fading before $1.10. What happens at the $1.05–$1.06 support band over the next 48 hours will likely define the next meaningful move.

XRP has printed a narrow consolidation near the lows with no confirmed reversal structure. Derivatives markets offer little conviction either way: funding rates are close to neutral, leverage has pulled back, and liquidation activity has been relatively balanced.

That’s not a recipe for a quick squeeze, in either direction. Broader crypto sentiment and market cap data show XRP holding sixth place overall, with a market cap of roughly $66B and 24-hour volume near $977 million.

The Ripple-SEC regulatory overhang remains the macro backdrop; there have been no new filings in the past 48 hours, but final resolution uncertainty continues to cap institutional enthusiasm. If broader risk appetite turns, XRP will feel it first.

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