XRP is trading close to $1.00 today, down slightly over the past day. The mood around the coin has turned gloomy this week. But the chart tells a slightly different story than the crowd.
$XRP price sits near $0.9986 at the time of writing, based on live futures data. Trading volume jumped over 91% in 24 hours, hitting $1.37 billion. Open interest also rose 1.45% to $2.76 billion.
That mix of rising volume and rising open interest, even as price stays flat, often points to a market building energy in one direction.
$XRP has slipped below the $1 mark twice in recent sessions. Each time, sellers failed to push it much lower.
The 24-hour trading range on spot markets has stayed tight. Futures volume is up sharply, but spot volume sits near $171.99 million, a smaller share of total activity.
Long positions currently make up more of the long/short ratio on Binance, at 3.15 accounts long for every short. OKX shows a similar pattern, with 3.65 accounts long for every short.
Binance's top trader data shows 3.67 long/short by account count, though that narrows to 1.94 when measured by position size.
That mix shows retail traders leaning bullish even as social sentiment stays negative, while larger traders are positioned long too, just less aggressively.
XRP's circulating supply stands at 62.67 billion tokens out of a 100 billion max supply, with 99.98 billion already in total supply. That leaves a small, fixed amount left to enter circulation.
Liquidation data shows how much leveraged trading is getting wiped out on both sides.
Over the past 24 hours, $2.23 million in XRP positions were liquidated. Long traders took the bigger hit, losing $1.58 million, compared to $657.15K in short liquidations.
The 4-hour window tells a similar story. Longs lost $130.92K while shorts lost $271.58K, meaning short sellers actually took more damage in that shorter window.
In the past 12 hours, liquidations were nearly even, with $619.31K in longs wiped out against $631.98K in shorts. The 1-hour window was calmer, with just $2.41K in long liquidations and no short liquidations recorded.
This back-and-forth liquidation pattern fits a market that is choppy rather than trending hard in one direction.
RSI readings vary by source and timeframe right now. Several trackers put the 14-day RSI in the high 30s to mid 40s, which sits in weak or slightly oversold territory, not extreme.
One 4-hour reading has RSI near 43.68, just above its signal line near 42.40. That is a small but real shift. Price is barely moving while momentum tries to turn.
Moving averages still lean bearish. XRP trades below its 20-day, 50-day, and 200-day averages on most charts, which keeps the medium-term trend tilted down.
Social media chatter around XRP hit a three-month bearish extreme this week across X, Reddit, and Telegram.
At the same time, the XRP Ledger logged 49,929 active addresses in a single day. That is the highest daily address count in over two months. July activity had dropped near yearly lows before this pickup.
Rising network use during a period of falling prices and heavy pessimism is often called a divergence. It does not guarantee a rally, but it is the kind of signal technical traders watch closely.
A few headlines are shaping sentiment beyond the chart.
VanEck published research placing the XRP Ledger inside three separate market opportunities: cross-border payments, settlement, and securitization.
Combined, VanEck sizes these markets at roughly $45 billion in potential annual revenue by 2030. The firm did not say XRPL would capture that revenue, only that it is named as a contender alongside chains like Ethereum, Canton, and Kinexys.
Wells Fargo disclosed a $9.18 million position tied to a Bitwise XRP ETF in its August 14 filing with the SEC, covering holdings through June 30, 2026.
Ripple is also expected to attend a White House crypto meeting this week, according to reports circulating in crypto media.
Scenario | Level | What Happens Next |
Bullish break | $1.015 | Opens path to $1.05 |
Bullish continuation | $1.05 | Targets $1.081 |
Strong bullish move | $1.081 | Clears the way to $1.145, then $1.20 |
Bearish breakdown | Below $1.00 | Puts $0.906 in view |
Deeper bearish move | $0.906 | Opens door to $0.861 |
Current resistance also lines up near $1.06 to $1.09 on other chart readings, which roughly matches the levels above.
XRP does not need a sudden breakout to look healthy. Holding the $1 zone while absorbing sell pressure, as address activity climbs, would fit an accumulation pattern.
A clean break above $1.081 would likely draw more buyers back in and open the door toward $1.20.
A decisive close below $1.00 with follow-through selling, on the other hand, would put $0.906 and then $0.861 back on the table.
Nothing here is guaranteed. Crypto markets move fast, and sentiment can flip in either direction within days.
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and involve significant risk, including the possible loss of your entire investment. Always do your own research and consult a licensed financial advisor before making investment decisions.