XRP Price Analysis: Ripple Rejection From $1.2 Closes In On $1 As More Declines Beckon

• XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2.
• The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1.

Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower prices allowed more buyers to come, thus lifting the token above $1. Bulls have their eyes glued on $1.4, but the barrier at $1.2 and $1.1 currently limit their efforts.