XRP, at risk of falling below $1... The turnaround card is 'US regulatory clarity'

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As XRP has secured regulatory clarity in the US, whether it breaks through $1.15 has emerged as a turning point for a rebound.

According to FXLeaders on August 2 (local time), XRP rose to around $1.55 in early 2026 before coming under selling pressure. Buying pressure is defending the $0.95 to $1 range. The technical trend was assessed as neutral to cautious.

If XRP surpasses $1.15 on a daily closing basis, it will break through the short-term moving average resistance. Subsequent upside targets are set at $1.35 and $1.55. Conversely, if the $0.95 support level breaks, the $0.88 to $0.9 range could be retested.

High US Treasury yields and a strong dollar are limiting speculative capital inflows into major altcoins. The scheduled monthly release of escrowed XRP also acts as a short-term supply burden. FXLeaders explained that regular supply releases have historically created temporary absorption periods before an upward trend continued.

The long-term outlook is buoyed by the adoption of cross-border payments by global financial institutions, US cryptocurrency market structure legislation, and progress related to a spot XRP ETF. FXLeaders noted that XRP, along with Bitcoin (BTC) and Ethereum (ETH), is among the few digital assets that have achieved regulatory clarity regarding secondary market trading in the US through judicial rulings and settlements.

If macroeconomic pressures or a broad cryptocurrency market sell-off break the support levels, XRP could consolidate below $1. Gradual accumulation and increased cross-border payment liquidity could lead to a recovery to $1.2. Increased institutional demand, approval of a spot XRP ETF, and major cross-border payment partnerships are presented as variables that could drive a long-term recovery to previous highs.

[Article Key Summary]

-XRP is attempting to break through $1.15, with the $0.95 to $1 range acting as a support level.

-If it surpasses $1.15, $1.35 and $1.55 are presented as upside targets, but if $0.95 breaks, it could fall to $0.88.

-XRP has been assessed as a digital asset that, like Bitcoin and Ethereum, has secured regulatory clarity for secondary market trading in the US.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. This content should be interpreted for informational purposes only.*