XRP Invalidates Most Important Support Level of 2026

$XRP's price is currently just above the psychological $1 mark, effectively invalidating one of its most significant support structures of 2025. The decline is particularly noteworthy because it occurs while $XRP Ledger activity is still comparatively high. After dropping below the $1.05-$1.07 range that had consistently offered support during the most recent consolidation, $XRP is currently trading at about $1.006.

Short-term picture isn't yet clear

The short-term moving average, which is currently close to $1.065, strengthened this region. Rather than recovering it, $XRP has kept generating lower highs and lower lows. The obvious next issue is that $1 is now the first line of defense. A persistent break below $1 would be more significant than another typical daily decline.

There isn't much obvious support for $XRP below the current price. If selling picks up speed, the next possible demand area is around $0.95, followed by roughly $0.90. Moving averages support the negative framework. While the larger averages sit significantly higher at roughly $1.178 and $1.370, $XRP stays below the averages near $1.065 and $1.082.

Since they are all positioned above the market, any attempt at a recovery will face several levels of resistance. Additionally, momentum is declining. The daily RSI has dropped to about 34.2, which is close to oversold territory but not quite at the traditional 30 threshold. This allows for more declines before $XRP becomes technically stretched.

Network remains active

It's interesting to note that the weakness does not seem to be caused by declining network participation. According to $XRP Ledger data, there were roughly 207,028 active users on August 10. In general, activity has increased from about 100,000–120,000 users in the middle of July to about 200,000 or more recently.

As a result, there is an obvious discrepancy between market performance and network usage. Spot demand has not increased enough to stop $XRP's decline despite more active users. Although network activity can bolster a longer-term fundamental argument, it does not ensure that the token will appreciate right away.

For $XRP, the first significant indication that the most recent breakdown is being contested would be the recovery of $1.065–$1.082. Until then, the technical structure remains very bearish, with $1 being much more significant now that the previous support zone has failed.