XRP Price: The $1.00 Level Everyone Is Watching - And What Happens If It Breaks

TLDR

• XRP is trading around $1.03–$1.04, with the $1.05 level now acting as resistance instead of support.
• Most major moving averages are pointing down, and the RSI sits near 38, close to oversold.
• The $1.00 level is seen as the next major support, aligning with a key Fibonacci retracement.
• Whale wallets are quietly accumulating XRP even as retail investors reduce exposure.
• Analyst Crypto Patel called a 72% drop from the cycle top and now eyes a $0.65–$0.85 accumulation zone.

XRP is trading around $1.03 on Friday, holding on to a thin ledge above the psychologically important $1.00 level. The token has been under steady pressure after slipping below the $1.05 support zone, which has now flipped into resistance.

The price recently recorded its lowest daily close of 2026, near $1.02. That close came after XRP broke an ascending support trendline and retested its June lows, reinforcing the bearish trend that has been building for several weeks.

Analyst ChartNerdTA flagged the break on July 31, pointing to repeated rejections from the 20-day and 50-day EMAs and multiple failed attempts to reclaim the $1.16–$1.24 resistance zone. The analyst expects any recovery to remain short-lived unless XRP can clear those levels.

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