After undergoing a recent correction, Ripple (XRP) is showing a pattern of gradually raising its lows while confirming support around the $1.08 level. However, analysts note that a break above the key resistance level of $1.10 is necessary to shift into a full-fledged uptrend.

[Key Price Levels] During U.S. trading hours, XRP defended the $1.08 support line multiple times before rebounding to near $1.10, but selling pressure persisted at the $1.1087 resistance zone. On the short-term chart, lows gradually moved higher from $1.0552 to $1.0589 to $1.0799, indicating that the technical trend has improved compared to before. Trading volume also increased during the upward moves, confirming an inflow of buying interest.

[Future Scenarios] If the key resistance level of $1.1087 is not breached, there is a possibility that a range-bound trend could continue for a period. Conversely, a stable break above that level could open room for further gains toward the $1.12 to $1.13 range. The market is closely watching whether XRP can hold the $1.08 support and establish footing above $1.10 as key variables that will determine its short-term direction.

[This article was written with AI assistance. This article does not constitute investment advice, and any losses resulting from virtual asset investments are the sole responsibility of the investor.]