XRP Struggles Near $1 as Sellers Remain in Control

XRP's price has declined to near $1.06, bringing it back towards the crucial $1 support level after a drop over the past 24 hours.

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

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

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