XRP Crashes Through Key Support Level, Faces Bearish Technical Structure

XRP's price has fallen below the $1.05-$1.07 support range it had maintained during its recent consolidation, invalidating one of its most significant support structures of 2025.

The token is currently trading at around $1.006, with the short-term moving average near $1.065 strengthening this region and creating a resistance zone for any potential recovery.

The absence of obvious support below the current price means that if selling accelerates, the next possible demand area could be around $0.95, followed by roughly $0.90.

Despite network activity being higher than usual, with around 207,028 active users on August 10, spot demand has not increased enough to stop XRP's decline.