Blockchain.news
XRP Price Plummets: Bears Take Control as $1.00 Test Looms This Week
July 31, 2026•04:17 AM
XRP faces a critical moment as bears dominate the market, with the cryptocurrency pinned at $1.08 beneath a bearish stack of moving averages. With support at $1.06 and a 60/40 probability favoring further downside, analysts warn of a critical test of the psychological $1.00 level this week. The current XRP situation reflects broader pressure in the cryptocurrency market, with investors closely monitoring support levels. A break below $1.00 could trigger massive selling waves, while maintaining above this level may offer temporary relief.
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