XRP's Steady Decline Continues Amid Fear in the Market

XRP's price has been steadily declining since August, currently trading at $1.012 after a 72% drawdown from its all-time high of $3.657 in July 2025.

The token has failed to respond positively to several catalysts, including the resolution of the multi-year legal battle with the Securities and Exchange Commission, which ended a year ago.

The moving average structure is bearish, with XRP's price sitting beneath all four averages: 7-day, 20-day, 50-day, and 200-day.

The Fear and Greed Index reads 29, indicating fear in the market, and prediction market positioning suggests a 68% probability that XRP will print $1 or below at some point during August.