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XRP falls below $1 as whale transactions surge 280%, signaling mixed market signals.

Technical Signals
19 Aug 2026
Blockonomi
View Source
Bearish
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XRP's price dropped below the key $1 level to around $0.9942, marking one of its weakest weekly closes in nearly two years. Despite the price decline, large transactions over $1 million surged 280%, indicating increased activity from major holders. Derivatives trading volume rose by 12.48%, with options volume up significantly, while futures open interest slightly declined. For a bullish reversal, XRP needs to reclaim $1 and break past $1.02 resistance; otherwise, support at $0.97 could be tested, potentially accelerating bearish momentum.

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