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Is XRP’s critical $1 support at risk as institutional demand wanes amid improving macroeconomics?

Overall sentiment: Very negative

Published Jul 17, 2026 · Retrieved Jul 17, 2026

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XRP drops below key $1.10 support amid low institutional and retail demand Newsworthy Reliable Very negative
US June CPI falls 0.4%, largest monthly drop since April 2020, boosting risk sentiment Newsworthy Reliable Positive
XRP perpetual futures Open Interest down 2.3% in 24h to $2.4 billion, below June peak Relevant Reliable Negative
XRP spot ETFs show limited trading with $6.8 million inflows Thursday; total assets ~$1 billion Relevant Reliable Negative
Technical chart shows XRP below 50, 100, 200-day EMAs signaling bearish trend Relevant Reliable Negative
RSI ~52 indicates neutral momentum; MACD slightly positive but weak for bullish reversal Relevant Reliable Neutral
If XRP holds $1 support, resistance zones at $1.16, $1.25, and long-term $1.46 EMA Relevant Reliable Neutral
Break below $1 could accelerate selling towards $1.03 support as next demand area Relevant Reliable Very negative

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Type: standard news · Analysis confidence: 95%

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