XRP is currently trading just above the psychological $1 mark, effectively invalidating one of its most significant support structures of 2025. The cryptocurrency has dropped below the $1.05-$1.07 range that had consistently offered support, now trading at around $1.006. The next support levels are situated around $0.95 and roughly $0.90. The daily RSI has dropped to approximately 34.2, hovering near oversold territory without yet reaching the traditional 30 threshold. XRP Ledger activity remains high, with about 207,028 active users on August 10, up from 100,000-120,000 in mid-July, but this increased participation has not been sufficient to halt the price decline.
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