XRP holds near $1.10 as traders watch long-term breakout setup
MarketsXRP holds near $1.10 as traders watch long-term breakout setupXRP defended the $1.00-$1.05 support zone, but the near-term chart remains capped below resistance as analysts track larger wedge and channel patterns.By Shaurya Malwa Jul 9, 2026, 5:07 a.m. Buyers continue to defend the $1.00-$1.05 zone, while sellers have kept the token capped below short-term resistance. Lower highs at $1.1133, $1.0993 and $1.0932 show sellers are still capping recovery attempts.• XRP needs to hold above $1.088-$1.091 to build a cleaner move toward $1.093-$1.095.• The larger setup remains a compression trade rather than a breakout.
- ▪MarketsXRP holds near $1.10 as traders watch long-term breakout setupXRP defended the $1.00-$1.05 support zone, but the near-term chart remains capped below resistance as analysts track larger wedge and channel patterns.By Shaurya Malwa Jul
- ▪Buyers continue to defend the $1.00-$1.05 zone, while sellers have kept the token capped below short-term resistance.
- ▪Lower highs at $1.1133, $1.0993 and $1.0932 show sellers are still capping recovery attempts.• XRP needs to hold above $1.088-$1.091 to build a cleaner move toward $1.093-$1.095.• The larger setup remains a compression trade rather than a b
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| Original publisher | Coindesk |
| Canonical URL | https://www.coindesk.com/markets/2026/07/09/xrp-holds-near-usd1-10-as-traders-watch-long-term-breakout-setup |
| Publication time | Thu, 09 Jul 2026 05:07:11 +0000 |
| Retrieval time | 2026-07-09T05:38:23.290Z |
| Last seen | 2026-07-09T06:23:20.868Z |
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MarketsXRP holds near $1.10 as traders watch long-term breakout setupXRP defended the $1.00-$1.05 support zone, but the near-term chart remains capped below resistance as analysts track larger wedge and channel patterns.By Shaurya Malwa Jul 9, 2026, 5:07 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on #se-_R_99qanpfiupanivb_ .document-body > p:first-of-type::first-letter{float:none!important;font-size:inherit!important;line-height:inherit!important;margin-right:0!important;margin-top:0!important;font-weight:inherit!important}SummaryShowXRP is trading in a tight range around $1.09, with buyers defending the $1.00 to $1.05 support zone while sellers cap rallies below nearby resistance.Chart analysts say a long-term…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Coindesk.