XRP price fell to $1.049 after losing roughly 5% in Tuesday trading, breaking below a closely watched support zone near $1.054 and confirming a bearish chart pattern that had been forming through July.
The move matters beyond a single down day. XRP is now trading about 69% below its August 2025 peak of $3.38, while positioning data shows 95.4% of retail contracts remain long into a macro-heavy week led by the Federal Reserve.
With the dollar at a one-month high and total crypto liquidations near $600 million in 24 hours, the break has shifted attention to whether XRP can stabilize above $1.00 or face another forced leg lower.
Key Facts
- XRP traded at $1.049 after touching an intraday low of $1.0486 and breaking below a neckline near $1.054.
- The token is down roughly 69% from its August 2025 high of $3.38 following a prolonged 2026 downtrend.
- Retail positioning on one major derivatives platform showed 95.4% of open XRP positions were long versus 4.6% short.
- XRP remains below its 50-day, 100-day, and 200-day exponential moving averages at $1.13, $1.21, and $1.42 respectively.
- Total assets across U.S. spot XRP ETFs slipped below $1 billion, with cumulative inflows at about $1.49 billion.
XRP Price
The immediate trigger for the latest selloff was technical. XRP had spent weeks building a vulnerable structure on the four-hour chart, including two failed rallies near $1.17 in July. Once price dropped below the $1.054 neckline, that double-top pattern was confirmed, shifting short-term momentum decisively bearish.
The wider market backdrop amplified the move. Bitcoin traded near $63,300 after extending earlier losses, Ether slipped to around $1,874, and Stellar fell more than 5%. Across crypto, leverage was flushed out as roughly $600 million in positions were liquidated over 24 hours. That kind of environment tends to punish assets with thinner order-book depth and crowded directional bets, both of which apply to XRP.
Why it matters is straightforward: XRP is now trapped between deteriorating sentiment and a crucial macro calendar. The Federal Reserve decision, followed by GDP and core PCE data, could shape the dollar and risk appetite across markets. For XRP holders, that means price action in the near term may be driven less by Ripple-specific developments and more by global liquidity conditions.
XRP is entering a major macro event with a broken chart, weak ETF momentum, and a market that is already overwhelmingly positioned on the long side.
Technical Levels and Market Mechanics
The most important near-term support sits between $1.043 and $1.05, with the psychological $1.00 level just below and late-June lows clustered around $1.01 to $1.03. If that shelf gives way, the measured move from the double top points toward approximately $0.94.
On the upside, XRP first needs to recover $1.0981, the daily Bollinger midpoint and a nearby liquidity cluster. Above that, traders are watching $1.10 to $1.11, then the 50-day EMA at $1.13. A stronger structural improvement would require a move through $1.1423 and eventually $1.21, where the 100-day EMA now sits.
Momentum indicators remain weak. Chaikin Money Flow is negative, the MACD on the four-hour chart is still widening to the downside, and every major moving average is above spot price. One offsetting signal is that short-term oscillators are deeply oversold, which raises the chance of a relief bounce if macro conditions soften. But oversold conditions alone do not reverse a trend without new demand.
Implications for Investors
For investors, the central issue is asymmetry. When 95.4% of tracked retail positions are already long, the market has limited fuel for a classic squeeze higher but significant potential for liquidation-driven selling if support fails. In practical terms, each drop can trigger more forced exits, deepening volatility.
Institutional flow data also deserves attention. Spot XRP ETFs brought in only $107,000 on July 10, and several July sessions recorded zero inflows. Total net assets across the seven funds slipped to roughly $997 million to $999 million, below the $1 billion threshold. That does not prove a mass institutional exit, but it does show that the structural bid many bulls expected has weakened materially since earlier in the year.
There is a notable disconnect between business momentum and token performance. Ripple has announced partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance, expanded RLUSD infrastructure, and secured regulatory progress in Europe. Yet XRP has still struggled as capital remains concentrated in larger crypto assets and the U.S. dollar stays firm. For equity-style fundamental investors entering digital assets, that is an important reminder that token prices do not always track operating developments directly.
Portfolio-wise, the key watch points are clear: whether XRP can hold the $1.00 to $1.03 area, whether ETF assets stabilize above $950 million, and whether broader crypto sentiment improves after the Fed. A dovish surprise that weakens the dollar could support a rebound toward $1.0981 and $1.13. A hawkish outcome would increase the risk that the market tests sub-$1 levels quickly.
Longer term, XRP still sits at the center of an unresolved investment debate. If adoption of Ripple-linked infrastructure and RLUSD expands meaningfully, the token could eventually reprice. For now, however, macro pressure, soft flows, and fragile positioning are setting the near-term terms of trade.
The next few sessions will likely determine whether XRP stabilizes after a technical breakdown or extends its decline into a broader deleveraging phase. Investors should watch the Fed, the dollar, and the $1.00 line as the market searches for its next direction.