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XRP falls below $1.10 as profit-taking and market risks weigh on price.

Market News
08 Jul 2026
Crypto news
View Source
Bearish
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XRP dropped below the key $1.10 support level after traders took profits following Ripple's recent EU regulatory approval. The token faces technical downside risks amid weakening momentum indicators and dense liquidation zones. Despite near-term price weakness, Ripple's XRP Ledger shows strong institutional adoption with over $4 billion in tokenized real-world assets. Further declines toward $1.00 are possible if sellers maintain control, while a recovery requires reclaiming $1.13 resistance amid ongoing macroeconomic uncertainties.

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