Overview
- XRP traded around $1.00 after briefly falling below the $1 psychological floor, extending a downtrend that has left the token far below its prior cycle highs.
- Daily indicators show bearish structure with the Bollinger middle band near $1.037 and Chaikin Money Flow negative, signaling selling volume has outpaced buying.
- A three‑day CoinGlass liquidation heatmap shows dense leveraged clusters just above $1.01 and around $0.98, making those levels the immediate upside and downside liquidity targets.
- Institutional support has cooled: spot XRP ETF inflows slowed recently, Grayscale executed large redemptions earlier in the year, and Ripple’s monthly escrow mechanics added net unlocked supply in August.
- Analysts are split on the outlook—some warn of much lower accumulation ranges if $0.975 breaks while others point to short‑term bounce setups—so traders should watch a daily close below $0.975 and on‑chain liquidity for possible rapid moves.