XRP Price Stagnates Near Crucial Support Level Amid Network Weakness

XRP's price remains stagnant at around $1, down about 70% from its all-time high of $3.65 in July 2025.

The token's technical structure is bearish, with a prolonged downward trend on the weekly chart and convergence of the 50-week and 200-week weighted moving averages.

Network activity has weakened, with fewer transactions on the XRP Ledger and a low XRP burn rate. Demand for XRP ETFs has also slowed, with no inflows in the latest week.

While the Average Directional Index is above 25, indicating a relatively strong trend, the declining price structure provides a bearish directional signal.