XRP Trapped Beneath $1.12 as Bears Dominate Market Structure

XRP's price remains stuck beneath the critical $1.12 resistance threshold, with bears maintaining dominance in the short-term market structure.

According to CryptoQuant analyst Arab Chain, Binance's Cumulative Volume Delta has turned negative at -6.93 million, indicating sellers are dominating volume execution compared to buyers.

XRP is also positioned below every significant exponential moving average, including the 20-day EMA ($1.10), 50-day EMA ($1.15), 100-day EMA ($1.25), and 200-day EMA ($1.46).

Despite this bearish technical framework, XRP on-chain activity shows strong growth, with AI agent transactions on XRPL surging past 1.21 million and XRP settlements exploding by 279%.