# XRP trades around $1.04 as $1 support under pressure, ETF inflows

**Published:** 2026-07-23T19:26:41.601Z  
**Topic:** Ripple Xrp  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/6ed84c3b-ca1e-4f96-8998-8e1ea229e58c

XRP hovering at $1.04, just $0.04 above critical $1 support. Spot ETF inflows of $15 m daily and large‑wallet buying keep price afloat amid bearish medium‑term

XRP slipped to roughly $1.04, a hair above the psychologically vital $1 support, as weekly losses widened to 6.4% and the token remains 25.5% in the red for the year【1】. The price action matters because a clean break below $1 could trigger a cascade of stop‑loss orders and push the token toward lower round numbers, while a hold would preserve the chance of a bounce toward $1.50 resistance.

| At a glance | |
|---|---|
| Price | $1.04 |
| Weekly change | –6.4% |
| Key support | $1.00 |
| Recent catalyst | Spot XRP ETF net inflow $15.34 m (June 29)【2】 |

## Price pressure and the $1 psychological barrier  
Every time XRP nears $1, buy orders pile up and sellers stack offers just above the level, creating a self‑reinforcing support zone【2】. The price is now only about four cents above that line, and the thin buying—$15 m of daily ETF inflows—represents a modest slice of the roughly $1.67 bn that changes hands each day, insufficient to absorb a heavy wave of selling【2】. When the $1 line finally breaks, stop‑losses placed just below will trigger, potentially turning the support into a ceiling and driving the token lower, as seen when the $1.40 level fell to $1.39 in a 3.5% drop【2】.

## Institutional flow and broader market context  
Spot XRP ETFs have continued to attract money, with a $15.34 m net inflow on June 29, indicating that institutions have not abandoned the token despite its slide【2】. However, large‑wallet activity, while at a record high in terms of wallet count, is still modest relative to daily turnover, suggesting that the defensive buying is fragile【2】. Meanwhile, broader crypto sentiment remains bearish: the 50‑day and 200‑day moving averages sit above the current price, and Bitcoin’s price stability above $60 k is a key determinant of XRP’s ability to hold the $1 level【1】.

## Potential price paths if $1 breaks  
A break below $1 would likely set new resistance at $0.90 and then $0.80, mirroring the pattern observed after the $1.40 support collapse【2】. Conversely, a successful defense of $1 could allow the token to test the next resistance at $1.30, then $1.50, where previous attempts this year have stalled【1】. The outcome hinges on the volume of selling when the support is tested and the broader market’s direction.

## What to watch
- **$1.00 support** – a decisive break could open a slide toward $0.90.  
- **$1.30–$1.50 resistance** – holding above $1.00 may enable a move toward these levels.  
- **CLARITY Act Senate vote** – the bill cleared the Senate Banking Committee on May 14 and still needs a floor vote; passage could spur $4‑$8 bn of ETF inflows, potentially lifting XRP【1】.  

The $1 line remains the most contested price in XRP’s current range. Whether it holds or falls will depend on the intensity of sell‑side pressure and the broader crypto market’s health, leaving the token’s short‑term trajectory uncertain.

## Sources
1. 24/7 Wall St — [Ripple (XRP) Price Prediction: Can XRP Hit $2 Again in 2026?](https://247wallst.com/investing/2026/05/20/ripple-xrp-price-prediction-can-xrp-hit-2-again-in-2026/)
2. 24/7 Wall St — [What Happens If XRP’s $1 Support Breaks?](https://247wallst.com/investing/cryptocurrency/2026/06/30/what-happens-if-xrps-1-support-breaks/)

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Cite as: TrendWatcher, "XRP trades around $1.04 as $1 support under pressure, ETF inflows", https://www.trendwatcher.in/article/6ed84c3b-ca1e-4f96-8998-8e1ea229e58c