Binance Selling Pressure Keeps XRP Stuck Below $1.08

XRP's price has been struggling to stay above $1.07 as Binance selling pressure persists, according to recent data.

The token has lost about 6% over seven days and around 7% over one month, with its current market capitalization sitting at around $66.7 billion.

CryptoQuant analysis found that XRP's Binance Cumulative Volume Delta remained negative at about 6.93 million, indicating sellers are still in control of spot demand.

The relative strength index stood near 40.30, below its signal average of 45.68, while the MACD histogram turned slightly positive but both momentum lines remain in negative territory.