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XRP $1 support faces pressure as August starts, with key ledger upgrades expected soon.

Protocol Fundamentals
01 Aug 2026
UToday
View Source
Neutral
pluang ai news

XRP's price hovered near the crucial $1 support level throughout July, closing the month with a 2.18% gain. As August begins, bears are testing this support zone, with XRP currently trading around $1.06 and facing resistance at $1.21 and $1.80. Important XRP Ledger upgrades, including five amendments like native privacy for tokens and sponsored fees, are expected next week, which could influence XRP's price movement going forward.

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