XRP Price Tumbles to $1.06, Can ETF Inflows Save It?

XRP's price has dropped to $1.06 after declining over the past 24 hours, bringing it back toward the key $1 psychological support level.

US spot XRP ETFs have continued to attract net inflows, with a recent $592,470 influx on July 27 lifting cumulative inflows to approximately $1.50 billion, according to SoSoValue.

However, demand has slowed considerably in recent sessions, and the daily chart suggests sellers remain in control.

The Relative Strength Index (RSI) dropped to 41.06, showing bearish momentum remains intact, but the indicator has yet to enter oversold territory.