โ ๏ธ **XRP ALERT: ETF demand is cooling and support at $1 is at risk**
XRP is testing again the level that held it for almost 2 years. And this time the outlook is weaker ๐
**The problem: ETF demand cooled off**
- **May/2026**: Peak of $60.5 million in weekly inflows into XRP ETFs
- **Week until 08/08**: Dropped 93% to just $1.01 million
- **07, 10 and 11/08**: ETF flow was **$0** for 3 straight days
Worse: While BTC and ETH saw ETF inflows, XRP was at zero. In other words, itโs not just a โbad market.โ Itโs a lack of specific demand for XRP.
**Current price:**
- **Today**: ~ $1.02
- **Yesterday**: Fell to ~ $0.99 โ only the 2nd time below $1 since Nov/2024
- **Since the Jul/2025 peak**: -70% from $3.60
**Why is $1 so important?**
XRP stayed above $1 for almost 2 years. Losing this level in a confirmed way may trigger cascading sell-offs.
**If $1 is lost, the next supports are:**
1. **$0.88** โ First relevant support
2. **$0.77** โ Target if selling pressure continues
3. **$0.57** โ Deeper support in a severe drop
**Read:** Each test at $1 consumes buy orders. Without ETF inflows to provide breathing room, defending this floor becomes harder and harder.
And you, do you think XRP will hold $1, or will we see $0.88? ๐
#XRP
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