XRP: Weakens Above $1 Under Death Cross

XRP trades just above $1.00, pinned under a death cross as the legislative tailwind that lifted prices in July loses steam.

Price action on the 4h chart shows XRP at $1.03 inside the Bollinger Bands with upper resistance at $1.05 and lower support at $1.00. The EMA50 at $1.04 and EMA200 at $1.07 mark clear bearish structure while RSI at 48.8 stays neutral and MACD prints a bullish golden cross at -0.01, suggesting short-term volatility exhaustion before any test of the 50-EMA support.