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XRP price falls 2.80% in a week, market capitalization at $69.65B, with a 24-hour trading volume of $1.09B, as demand cools and bearish sentiment prevails
XRP's price has slid to $1.08, a 2.80% decline over the past week, as demand cools and bearish sentiment prevails in the cryptocurrency market [1]. The decline reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty, with XRP trading under heavy pressure due to weak technical and risk-off sentiment.
| At a glance | |
|---|---|
| Price | $1.08 |
| 24h % move | -0.14% |
| Key level | $1.07 support |
| Catalyst | Tariff-triggered uncertainty and weak demand |
The XRP price decline is attributed to a combination of factors, including weak technical indicators, risk-off sentiment, and low retail demand [1]. The prevailing risk-off sentiment has seen investors remain on the sidelines, resulting in muted activity in the XRP spot Exchange-Traded Funds (ETF) market, with no flows since Friday, and cumulative inflows averaging $1.23 billion, with net assets under management at $875 million [1]. The derivatives market is also extending its weakness, as futures Open Interest (OI) falls to $2.29 billion, from $2.40 billion the previous day [1].
XRP's market capitalization is currently at $69.65B, with a 24-hour trading volume of $1.09B [2]. The current circulating supply of XRP is 99.99B, with a limit of 100.00B coins [2]. The price is trading inside a down channel, with key levels at $1.07 support and $1.15 resistance [2]. A break above $1.15 targets $1.20-$1.25, while a break below $1.07 targets $1.00 for short-term trades [2].
The XRP price decline has significant implications for investors, as the bearish sentiment and weak demand may lead to further price drops. The key support level at $1.07 will be crucial in determining the next directional move, and investors should monitor the price action closely to anticipate potential changes in market sentiment.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 11, 2026 · How we report
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