XRP Price Is Stuck Grinding Near Multi-Week Lows: What Happens at $1.05 Next?

Ripple XRP price is trading at $1.0648 with a –1.22% drawdown over the last 24 hours, and the chart is not sending any signals worth buying ahead of.

The token has spent weeks grinding near the bottom of a range that stretches all the way down from highs above $2.50, with each attempted recovery fading before $1.10.

What happens at the $1.05–$1.06 support band over the next 48 hours will likely define the next meaningful move.XRP has printed a narrow consolidation near the lows with no confirmed reversal structure.

Derivatives markets offer little conviction either way: funding rates are close to neutral, leverage has pulled back, and liquidation activity has been relatively balanced. Xrp (XRP)24h7d30d1yAll timeThat’s not a recipe for a quick squeeze, in either direction.