XRP rebounds to $1.03 but bearish momentum keeps $1 support at risk

Key takeawaysXRP trades around $1.03 after falling more than 5% during the previous week.
The token remains below its 50-day, 100-day, and 200-day EMAs, maintaining a bearish technical structure.
An RSI reading near 39 and a negative MACD signal indicate persistent selling pressure.XRP trades near $1.03 on Monday, recording a modest rebound after declining more than 5% during the previous week.
Despite the intraday recovery, XRP retains a bearish near-term outlook because it remains below all th