Crypto

XRP Breaks Below Key Support at $1.05 Amid ETF Outflows

Guavy AI Editorial Team Published August 7, 2026

Instruments

XRP

XRP has broken below its key support level at $1.05, falling to $1.0476 on August 6.

This price movement comes as XRP spot ETFs saw $3.58 million in outflows on August 5, the first since early July, while futures long positions faced $5.92 million in liquidations.

Analysts note that August historically shows weakness for XRP but suggest any late-month dips could be strategic buying opportunities ahead of potential post-summer rallies.

XRPL Upgrade Puts Institutional Math in Focus

Crypto 1m ago

Crypto Clarity Act Vote Delayed as Trump Touts Bitcoin Adoption

Crypto 2m ago

STONKBROKER Price Surges to $0.0215 Amid Market Volatility

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

Terms Privacy Policy