XRP Hands Out Masterclass in Patience, Trades Like It's Waiting for Godot Near $1.06 🎭

Ripple's $XRP was trading at $1.0648, down 1.22% over the prior 24 hours, with the token stuck near multi-week lows after each recovery attempt failed to clear the $1.10 mark. The price marks a steep retreat from highs above $2.50 recorded earlier in the cycle, leaving the asset grinding through a narrow consolidation band at the bottom of its range with no confirmed reversal structure on the chart.

The $1.05–$1.06 zone is the level to watch over the next 48 hours, according to technical analysis published by Cryptonews on November 20. A sustained hold above that band would keep the consolidation intact, while a breakdown would open the door to further losses, and a decisive reclaim of $1.10 would mark the first meaningful sign of recovery.

Derivatives data showed little directional conviction. Funding rates were close to neutral, indicating that leveraged traders were not positioning aggressively in either direction. Open interest remained steady, and options skew stayed flat, all pointing to a market waiting for a catalyst rather than leaning into a directional bet.

The piece was written by journalist and copywriter Ahmed Barakat, who is based in Georgia and covers blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Barakat has also covered Microsoft Copilot AI and Google Gemini AI price predictions for XRP and Bitcoin by the end of 2026.

Macro context for crypto remains mixed, with $BTC trading near $63.5K and showing resilience against broader sell pressure in digital assets. The combination of subdued XRP price action and steady BTC footing leaves the broader altcoin tape caught between caution and the absence of fresh selling, with traders watching the $1.05 line as the next signal.