XRP experienced a sudden drop below $1.06 on Binance in mid-July, followed by a swift recovery as buying activity picked up. The token, which had struggled to regain momentum since its 2025 peak, now sits near $1.13 as traders watch for the next decisive move. On Binance, XRP fell to $1.0572 and held there for about forty minutes before rebounding to almost $1.10. This move initially resembled a typical short-term price fluctuation but has since turned into a sustained bounce. Over the nine days following the dip, XRP/USDT spent several sessions ranging between $1.08 and $1.10, establishing what traders call a higher low before breaking resistance at $1.145 on July 20.