XRP Pulls Back from Weekly High Amid Broader Descent
XRP is trading at around $1.10 as of July 27, 2026, after pulling back from its weekly high of $1.16.
The token remains in a broader descending channel and traders are watching the $1.18 resistance level to break out of this trend.
Ripple's expansion of its RLUSD stablecoin infrastructure and XRP ETFs reaching a new milestone are positive developments for the token, but it is still trading inside the same channel.