XRP price hovers around $1 as analysts debate breakout direction

The cryptocurrency XRP has been trading in a tight range between $1.05 and $1.10 for nearly two weeks, with the $1.00 level acting as a key psychological barrier. While many market participants expect the token to fall below $1, analysts such as Jay Nisbett and CryptoBull argue that bullish forces could push the price higher before any downside move.

Technical charts show XRP/USDT on the weekly timeframe respecting a descending trendline that forms dynamic resistance around $1.20‑$1.50. Current support sits near $1.00‑$1.05, with a deeper historical floor at $0.38. A close above the trendline could trigger a rally toward $1.50, whereas a break below $1.00 would reinforce the bearish structure.

Both analyses stress that any move should be confirmed by price action, and they note the long‑term uptrend that has supported XRP for over a decade.