# XRP slides below $1.00 as trendline break raises bearish risk

**Published:** 2026-07-04T17:04:06.046Z  
**Topic:** Xrp%5C  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/2dee7902-ece0-43ec-be70-d262140a3002

XRP fell past $1.00, breaking a key trendline and testing $0.80 support. Watch on‑chain withdrawals, ETF flows and the $2 resistance for future moves.

XRP slipped below the $1.00 psychological barrier on Tuesday, snapping a short‑term uptrend and exposing the token to deeper downside risk as the daily trendline from the April 7 low was breached.  

| At a glance | |
|---|---|
| Price | $0.99 |
| 24h change | –5.2% |
| Key level | $1.00 support (now broken) |
| Catalyst | Trendline break, falling open interest, net exchange withdrawals |

## Technical break and market pressure  
The daily chart’s rising trendline that had guided XRP from the April 7 low of $1.29 was pierced as price fell to $0.99, turning the $1.00 level from support into resistance. The move coincided with a broader market pullback, as Bitcoin dropped 1.36% and the crypto market‑wide Fear & Greed Index slid to “Extreme Fear” (16) [3]. Open interest in XRP derivatives collapsed from a $1.3 billion peak to under $150 million, wiping out leveraged longs and removing a source of upside momentum [3].

## On‑chain and institutional context  
During the same period, XRP’s exchange balances continued to shrink, reaching 12.9 billion tokens—the lowest since May 2021—indicating that holders are moving assets off‑exchange into private wallets [2]. CryptoQuant analysts linked the declining deposit‑withdrawal delta to accumulation, while Glassnode data showed that supply clusters above $1.00 (3.15% at $1.80 and 3.6% at $2.00) create overhead resistance [2]. Meanwhile, XRP‑focused ETFs saw inflows ease after Goldman Sachs emerged as the largest holder, suggesting a tempering of institutional buying pressure [2].

## Recent price action versus longer‑term outlook  
Earlier in the week XRP had reclaimed $1.45, buoyed by whale accumulation of 360 million tokens and $55.39 million of ETF inflows over seven days [1]. However, the subsequent trendline breach and the loss of the $1.00 floor now place the token in a range‑bound zone between $0.80 and $1.00, with the next major resistance at $1.08–$1.10 and a longer‑term hurdle at $2.00 [2][3].

| Metric | Value |
|---|---|
| Exchange balance | 12.9 billion XRP (low since May 2021) |
| Overhead supply at $2.00 | 3.6% of total XRP |
| Recent ETF inflow | $55.39 million (7‑day total) |

## What to watch  
- **$1.00 support** – a clean retest above this level would be needed to resume the uptrend.  
- **$0.80 support** – a break below could trigger a deeper decline toward $0.70.  
- **$2.00 resistance** – sustained price above this zone would be required for a breakout comparable to the 2017 cycle pattern.  

The breach of the trendline and loss of the $1.00 floor suggest that XRP’s recent rally may have been more fragile than hoped, leaving the token vulnerable to further downside unless buying pressure re‑emerges.

## Sources
1. AOL — [XRP Price Prediction: XRP Just Reclaimed $1.45 — Can It Break Higher?](https://www.aol.com/finance/xrp-price-prediction-xrp-just-153906601.html)
2. CoinTelegraph — [XRP price chart mirrors 1,500% rally setup from 2017, but there is a catch](https://cointelegraph.com/markets/xrp-price-chart-mirrors-2017-rally-but-theres-a-catch)
3. CoinMarketCap — [Latest XRP (XRP) Price Analysis - CoinMarketCap](https://coinmarketcap.com/cmc-ai/xrp/price-analysis/)

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Cite as: TrendWatcher, "XRP slides below $1.00 as trendline break raises bearish risk", https://www.trendwatcher.in/article/2dee7902-ece0-43ec-be70-d262140a3002