XRP was trading near $1.01 on August 11, 2026, after falling roughly 6% over the previous seven days, bringing the token back toward its most closely watched psychological support level.

The decline comes as XRP ETF inflows slow, derivatives sentiment remains weak, XRP Ledger activity cools, and uncertainty around the US CLARITY Act continues ahead of possible Senate action in September. Together, these factors have increased selling pressure and put the $1 support zone firmly in focus.

For traders, the immediate question is whether XRP can defend $1 or whether a sustained break below the level could open the door to further downside.

XRP Price Today: What’s Happening?

XRP has been hovering just above the psychological $1 level, following a period of persistent selling pressure.

The weakness is particularly important because XRP has slipped below key moving averages that traders commonly use to assess market momentum. Recent market data has placed the 50-day moving average near $1.09 and the 200-day moving average around $1.32.

Trading below both levels suggests that short-term momentum remains weak.

XRP’s Relative Strength Index, or RSI, has also moved below 40 in recent sessions. While a lower RSI can indicate that selling has become stretched, it does not necessarily mean that a recovery will happen immediately.

For now, $1 remains the level attracting the most attention.

XRP Price at a Glance

Indicator	What It Shows
Key support	Around $1
Near-term resistance	Around $1.06-$1.10
50-day moving average	Around $1.09
200-day moving average	Around $1.32
Momentum	Remains weak below key averages

Market levels can change quickly. Check the live XRP/INR chart on WazirX for the latest price action.

Why Is the XRP Price Falling?

There does not appear to be a single trigger behind XRP’s latest decline. Instead, several factors are weighing on the token at the same time:

• Weaker XRP Ledger activity: Transaction activity on the XRP Ledger has declined over a recent five-day period. Lower network activity does not directly determine XRP’s price, but it can add to weaker short-term sentiment when price momentum is already negative.
• Institutional selling pressure: Regulatory disclosures referenced in recent market reports indicate that a major XRP investment trust reduced its holdings during the first half of 2026. This has added to concerns around institutional positioning.
• Slower XRP ETF inflows: Fresh inflows into spot XRP ETFs have weakened compared with stronger periods of institutional demand, limiting a potential source of new buying pressure.
• Broader crypto market weakness: XRP is also being affected by softer risk sentiment across the crypto market. During broader market pullbacks, altcoins such as XRP can experience sharper percentage declines than Bitcoin.
• Technical pressure near $1: XRP has fallen below key moving averages and is now trading close to the psychologically important $1 support level. A sustained break below this zone could increase short-term bearish pressure.

Together, these factors have made the $1 level a key battleground between buyers and sellers.

XRP ETF Demand Is Sending Mixed Signals

XRP ETF inflows have slowed, even as spot XRP ETFs continue to attract institutional interest. Existing ETF holdings support the longer-term institutional case for XRP, but weaker fresh inflows mean less immediate buying pressure. A stronger ETF-driven price catalyst may therefore depend on a meaningful recovery in new institutional demand.

CLARITY Act Delay Adds Regulatory Uncertainty

Regulation is another factor influencing XRP sentiment.

The US Senate did not complete action on the CLARITY Act before its August recess, pushing attention toward possible developments in September.

The legislation is closely watched by the crypto industry because it aims to establish a clearer market structure for digital assets in the US.

For XRP, the delay does not change the XRP Ledger or the asset itself. However, it postpones a potential regulatory catalyst at a time when traders are already cautious.

That uncertainty may remain part of the market narrative until there is greater clarity around the legislation’s progress.

XRP Ledger Development Continues Despite the Price Drop

Development on the XRP Ledger is continuing despite XRP’s recent price weakness. Two proposals currently drawing attention are Single Asset Vaults (XLS-65) and the Lending Protocol (XLS-66).

If adopted, these upgrades could expand the network’s capabilities by supporting new asset-management functions and on-chain lending. While these developments may strengthen the XRP Ledger’s utility over time, they are separate from XRP’s short-term price movement.

Can XRP Hold the $1 Support?

XRP price is currently testing the key $1 support level, and holding above it could help stabilize the price in the short term. If buyers defend this zone, XRP could attempt a recovery toward the $1.06-$1.10 resistance range.

If XRP price breaks below $1 and fails to recover quickly, selling pressure could increase. In that scenario, $0.95 may become the next support level to watch, based on recent technical setups.

Broader market conditions could also influence XRP’s next move. US inflation data and changing interest-rate expectations may affect risk sentiment across the crypto market, adding to short-term volatility.

For now, $1 remains the most important XRP support level, while $1.06-$1.10 is the key resistance zone for any near-term recovery.

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