XRP Nears $1.08 Support as Technical Indicators Signal Mixed Outlook
The XRP cryptocurrency is trading around $1.09 and is closely watching a key support level at $1.08. Analysts note that resistance sits near $1.13, with higher levels at $1.36 and $1.67. The Relative Strength Index is below 50, hovering in the high‑40s, indicating bearish momentum. Spot ETF inflows for XRP have slowed to the lowest weekly level since April, with cumulative inflows of roughly $1.47 billion, reducing buying pressure. Funding‑rate data from Binance shows a modest positive rate of about 0.00138 and a 30‑day Z‑score of 0.21, suggesting a slight bias toward long positions. Binance exchange deposits have fallen to a two‑month low while withdrawals exceed inflows, further tightening on‑chain supply. Separately, the XRP Ledger’s batched‑fix amendment cleared the required 80 % vote and is expected to go live soon, and the CLARITY Act is advancing toward a Senate vote, potentially clarifying XRP’s regulatory status.
Entities: Amonyx · Binance · CLARITY Act · ChartNerd · ChartNerd (analyst) · Clarity Act · CrediBULL Crypto · Diana · EGRAG CRYPTO (analyst) · Ripple · XRP · XRP
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Binance XRP deposits fell to a two‑month low while withdrawals exceeded deposits. (exchange on‑chain data)
- [● 4 SOURCES] Key support for XRP is identified between $1.08 and $1.11. (various technical analyses)
- [● 2 SOURCES] XRP market capitalization is about $68.6‑$68.9 billion, ranking it sixth by value among cryptocurrencies. (market data aggregators)
- [○ 1 SOURCE] The XRP Ledger’s batched‑fix upgrade passed an 80 % vote threshold and is set to go live soon. (ledger governance)
- [○ 1 SOURCE] Spot XRP ETF inflows have slowed to their lowest weekly level since April, with cumulative inflows around $1.47 billion. (ETF inflows $1.47 billion, lowest since April)
- [● 2 SOURCES] XRP is trading around $1.09‑$1.10 in late July 2026. (Price $1.09‑$1.10)
- [● 3 SOURCES] Resistance levels for XRP are placed at $1.13, $1.36 and $1.67. (technical analysts)
- [● 2 SOURCES] XRP’s RSI is below 50 (around 48‑49), indicating bearish momentum. (technical indicators)
- [○ 1 SOURCE] Spot XRP ETF net inflows dropped to the lowest weekly level since April, with cumulative inflows around $1.47 billion. (ETF flow tracking data)
- [○ 1 SOURCE] Funding rate for XRP perpetual futures on Binance rose to approximately 0.00138, with a 30‑day Z‑score of 0.21. (CryptoQuant analysis)