Weekend Crypto Watch: Are XRP Bears Chasing the Wind as the $1 Support Refuses to Break?

XRP Continues to Hold the Line at $1 with Seller Exhaustion Signaling Calmness According to market analyst Paul Bennett, XRP’s recent move is more about an elusive market reality that even panic has a ceiling. After sliding sharply from about $1.30 to near $1.05, sentiment flipped quickly, with many traders expecting a clean break below the psychological $1 mark. Well, this level often draws attention because round numbers tend to act as emotional support zones. But despite the fear, the breakdown has not materialized because XRP remains steady above this area. At the time of writing, CoinCodex data shows XRP hovering around $1.15, holding above what Paul Bennett views as a key defence band between $1.05 and $1.10. He describes this range as a temporary battleground where selling pressure is fading and buyers are gradually absorbing supply. Realistically, when price repeatedly fails to break lower during heavy selling, it often suggests sellers are running out of conviction. The weakest hands exit first, panic follows, and what’s left is a thinner pool of participants who need even lower prices to keep selling, levels the market hasn’t been willing to offer. XRP’s Wait-and-See Scenario Continues to Play Out Well, XRP’s current setup isn’t a bullish reversal signal and this is important not to get things twisted. Bennett is clear on this distinction because seller exhaustion simply means downside momentum is cooling, not that buyers have taken control. From here, XRP can just as easily move sideways or revisit lower levels if momentum fades again. Therefore, time is of the essence because for any meaningful shift in trend, XRP would need to reclaim the $1.30 zone with conviction. This level now acts as resistance, marking where the last major selloff accelerated. Until it’s broken, the market remains in recovery, not uptrend territory. Broader market conditions matter too. Stability in Bitcoin helps prevent deeper altcoin breakdowns, but it doesn’t guarantee continuation. After sharp corrections, markets often drift in ranges longer than most expect. If the $1.05–$1.10 zone continues to hold, consolidation becomes the most likely outcome as the market digests recent volatility. A clean break below $1, however, would reset sentiment and reopen the door to another leg down. In short, XRP didn’t break when fear said it would, but it hasn’t proven a comeback either. The market is paused, not resolved, and the next decisive move will decide whether this is accumulation or just a temporary floor in a larger correction. Meanwhile, some analysts are pointing to a growing divergence: price weakness versus rising network activity, a gap that could become important if it continues to widen.