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XRP risks dropping below $1 as ETF inflows decline and selling pressure rises.

Market News
05 Aug 2026
FXEmpire
View Source
Bearish
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XRP has seen a decline in ETF inflows for the second consecutive month, with net inflows nearly turning negative in July. Trading volumes have dropped significantly, indicating weak market interest, and on-chain data suggests a distribution phase where large holders may be preparing to sell. If XRP falls below the key $1 support level, technical indicators point to a potential further drop to around $0.80. This decline is influenced by a hawkish Federal Reserve outlook and ongoing geopolitical tensions, which have dampened risk asset sentiment overall.

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