XRP price has come under renewed downward pressure, closing around $1.00—its weakest level since November 2024—even as activity on the XRP Ledger has intensified. This contrast between declining price and growing network engagement has introduced additional uncertainty for investors.
ETH
SOL
BSC
ROBINHOOD
USDT
AAPLPrice declines to multi-month low
Data from the crypto analytics firm Santiment shows that XRP traded at approximately $1.00 on August 12. This marks the lowest daily close since November 2024 and an approximate 69% decline from its peak price of $3.30 in January 2025.
Market participants have been closely watching the $1.00 level, as the coin approaches a zone that historically garners significant attention. Despite this decline, certain network metrics have shown notable increases in user engagement among existing participants.
Active addresses surge, but new growth stalls
Santiment reported that the average number of daily active XRP addresses rose to 35,700 in August, up from about 26,400 in July. This represents roughly a one-third increase in network involvement by existing holders. On August 11, the figure reached its highest point since June 5, reflecting a spike in on-chain activity.
On August 11, XRP recorded its highest level of active address usage on the network since June 5.
However, despite this uptick in activity, the creation of new addresses has remained flat. The number of newly created addresses averaged about 2,260 per day in August, closely matching July’s average of 2,270.
This pattern indicates that while current XRP holders have increased their interaction with the network, there has not been a significant influx of new users.
Mini dictionary: Santiment is a blockchain analytics provider offering on-chain, social, and development data to analyze cryptocurrency trends and network activity.
Bollinger Bands and MACD trends point to ongoing risk
XRP price currently sits at $1.00, slightly above the lower Bollinger Band at $0.99310. The middle band stands at $1.05385, and the upper band is at $1.11461. These bands suggest that $1.00 is near the lower edge, indicating persistent selling pressure.
| Metric | Current Value |
|---|---|
| Price | $1.00 |
| Lower Bollinger Band | $0.99310 |
| Middle Bollinger Band | $1.05385 |
| Upper Bollinger Band | $1.11461 |
| MACD | -0.02363 |
| Signal Line | -0.01910 |
| Histogram | -0.00453 |
From a technical perspective, the current MACD level of -0.02363 is below the signal line at -0.01910, with a negative histogram of -0.00453, highlighting a bearish trend. If this momentum persists, XRP could encounter further downside risk.
At present, XRP price is at $1.00, and the technical indicators suggest selling pressure is likely to continue if there is no significant change in momentum.
Key price levels and upcoming signals
XRP’s 24-hour trading volume is approximately $1.28 billion, with a market capitalization of $63.08 billion. The token fell by 1.4% in the past day. Analysts note that the $1.00 level remains a critical support zone for the near term.
A sustained move above $1.00, with a breakout toward $1.05—the middle Bollinger Band—could signal increased bullish sentiment. Conversely, a push closer to $1.00 or below would increase the likelihood of extended downside pressure.
In the coming period, traders are advised to monitor the relationship between active and new addresses. Elevated numbers of both could suggest growing participation among new and existing users, while a lack of new address growth may call for caution.
