XRP Struggles at Resistance Zone Amid Strong Selling Pressure

XRP has been struggling to break through a key resistance zone between $1.30 and $1.35, causing concern among investors about a potential decline back to the $1 support level.

The cryptocurrency has failed to surpass this zone despite recovering from lows near $1.05 to around $1.22, with selling pressure remaining strong as traders exit positions.

However, XRP has shown signs of buyer interest with rising volume and improving momentum indicators, particularly around the critical level of $1.22.

A sustained break above this level could open the path to $1.50, while failure may lead to further declines.