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Reading: XRP trades just above $1 after losing key support, RSI nears oversold
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COINTURK NEWS > Ripple (XRP) > XRP trades just above $1 after losing key support, RSI nears oversold
Ripple (XRP)

XRP trades just above $1 after losing key support, RSI nears oversold

In Brief

  • 🔥 XRP hovers just above $1 as it loses major support.

  • 📉 Despite XRP Ledger activity hitting over 200,000 users, the token’s price keeps dropping.

  • ⚡ RSI nears oversold but selling pressure continues, with next demand zone at $0.95.

  • 📊 User activity in $XRP network is up even as prices trend down.
Onur Atam
Onur Atam 2 hours ago
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XRP is currently trading just above the critical $1 level, having lost one of its most important support zones for 2025. This decline comes even as XRP Ledger activity holds near its highest levels in recent months, exposing a gap between strong user engagement and weakening market price.

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Contents
Key supports breached, $1 turns into last line of defenseIndicators and network activity highlight price anomalyTools for fast-changing markets

Key supports breached, $1 turns into last line of defense

In recent trading, XRP dropped below the $1.05 to $1.07 range, an area that had previously provided consistent support throughout the latest consolidation phase. As of the latest data, the price stands at approximately $1.006, falling short of reclaiming key moving average levels.

The short-term moving average, which closely tracked $1.065, previously reinforced the importance of that support area. Since failing to recover this range, XRP has been marked by a steady pattern of lower highs and lower lows, signaling a continued bearish trend. Now, the $1 psychological mark emerges as the immediate line of defense for XRP holders.

A decisive daily close below $1 could be more than a routine slide. Technical analysis points out a lack of substantial support beneath current levels, leaving $0.95 as the next potential demand zone, followed by $0.90 if selling accelerates further. Moving averages reinforce the bearish outlook, with longer-term averages set higher at $1.178 and $1.370, while XRP remains below the closer averages at $1.065 and $1.082.

Indicators and network activity highlight price anomaly

Recovery attempts face resistance at every turn, as a series of moving averages and supply zones stand above the current price. The market’s downward momentum also weighs heavily, with the daily Relative Strength Index (RSI) falling to 34.2. While this reading is near the oversold threshold, it still indicates room for further downside before technical constraints limit new selling pressure.

Network usage on the XRP Ledger tells a contrasting story. On August 10, active users reached about 207,028. This figure marks a rise from levels seen in mid-July, when daily activity fluctuated between 100,000 and 120,000 users. Over recent weeks, user engagement has continued to hover above 200,000, showing a robust network even amid falling prices.

Spot demand has not kept pace with the increased network activity, highlighting a clear disconnect between market valuation and on-chain fundamentals. Higher usage can strengthen the long-term picture, but does not guarantee short-term price support.

Given these conditions, analysts observe that any recovery would require a sustained price move back above the $1.065–$1.082 zone, which remains a critical resistance cluster. Until that threshold is recaptured, the overall technical outlook for XRP stays bearish and the $1 mark is highly significant as the primary support.

Tools for fast-changing markets

With markets this volatile, traders must be alert to sudden shifts such as Fed rate decisions or the listing of new altcoins, both of which can trigger sharp moves in prices within seconds. Many investors find themselves switching between multiple platforms for chart analysis, news updates, and portfolio management, often missing opportunities or incurring losses as a result.

To address this challenge, an increasing number of traders are adopting privacy-focused solutions like CryptoAppsy. This platform enables users to access real-time charts, set intelligent price alerts, follow coin-specific news, and monitor vital macroeconomic data all in one place, without the need to create an account.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Onur Atam 11 August, 2026 - 5:12 pm 11 August, 2026 - 5:12 pm
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Onur Atam
By Onur Atam
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The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
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