XRP Drops to Its Lowest 2026 Close as the Crucial $1 Level Comes Under Pressure
TL;DR:
- XRP posted its lowest daily close of 2026, trading around $1.02 with a 0.9% drop over the last 24 hours.
- The key support at $1.00 faces pressure after eight to ten consecutive weeks of rejections at the 50-day EMA.
- JPMorgan reported that XRP led ETF inflows in July 2025, outpacing Bitcoin, Ethereum and Solana relative to their assets under management.
The token of Ripple is going through one of its most technically delicate moments of the year. XRP closed its lowest session of 2026 and is currently trading at $1.02, with a 0.9% drop over the last 24 hours and a trading volume of around $1.7 billion, according to data from CoinMarketCap. The decline comes after retesting the low recorded in June, consolidating a support zone that now draws the attention of traders and analysts alike.
According to market analyst ChartNerd, the selling pressure accumulated over eight to ten consecutive weeks of rejections at the 50-day exponential moving average (50-day EMA) reflects that bears have consistently defended the upper resistance. The recent inability to reclaim the 20-day EMA deepened the decline, pushing XRP’s price down to $1.01 before a slight bounce toward $1.03, according to CoinCodex.
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