XRP (XRP) in critical resistance zone at $1.05: bounce opportunity or liquidation risk

The XRP (XRP), the cryptocurrency associated with the Ripple protocol, is currently trading in a critical technical zone around $1.05, a level described by analysts as a battlefield zone . This zone, already tested twice in recent days, will determine the short-term trend of the token. With a market capitalization of $66.43 billion and a CryptoScore of 73/100, XRP remains under scrutiny despite ongoing regulatory uncertainties surrounding Ripple Labs, founded by Brad Garlinghouse. Geopolitical tensions between the United States and Iran, as well as fluctuations in Bitcoin options on Nasdaq, add another layer of complexity to XRP’s technical analysis. What happened XRP fell 4.2% in 24 hours, dipping below the symbolic $1.05 threshold, a level considered a major resistance by traders. This decline has reignited fears of an accelerated liquidation of long positions, with a risk of further decline toward $0.95 if support breaks. However, some analysts see this zone as a potential rebound opportunity, with a theoretical upside target of $1.20 in case of a confirmed bullish breakout. On the technical front, the XRP Ledger protocol recently deployed its version 3.3.0, introducing five amendments aimed at strengthening the ecosystem and reducing reliance on native XRP. Despite a modest TVL of $48.06 million, liquidity on DEXs like Thena (THE) on BNB Chain could influence short-term price dynamics. Additionally, Lookonchain data reveals that whales (wallets holding over 1 million XRP) control 58.6% of the circulating supply, a risk factor in case of sharp market movements. Why it matters XRP’s current position at $1.05 is a tipping point for investors. A daily close above this level could trigger a rebound toward $1.20, while failure to hold could lead to a wave of liquidations. The recent XRP Ledger amendments, though technical, could ultimately alter supply and demand dynamics by reducing reliance on the native token. On a sectoral level, XRP, often seen as a cross-border payments tool, could benefit from renewed interest if geopolitical tensions ease or institutional partnerships are finalized. However, regulatory uncertainties, particularly surrounding the SEC’s actions against Ripple Labs, and macroeconomic risks tied to Bitcoin options on Nasdaq weigh on market sentiment. The concentration of whales also exacerbates the token’s potential volatility. To watch Break above $1.05 : A daily close above this level could confirm a rebound toward $1.20. XRP Ledger version 3.3.0 release : The amendments could strengthen the ecosystem and attract new users. Whale dynamics : Movements by wallets holding over 1 million XRP could amplify price fluctuations. Geopolitical context : Escalation in tensions between the U.S. and Iran could impact XRP’s volatility. Regulatory news : Any new SEC actions against Ripple Labs could influence the token’s price. At this stage, no official announcement of a partnership or major development has been made by Ripple Labs since the beginning of August 2026.