XRP Price: Triangle Breakdown Puts $1 Support in Focus as ETF Outflows Hit

XRP fell 1.29% to $1.0476 on August 6, breaking below a key triangle support pattern. The Bollinger Band lower boundary at $1.0362 is now the last technical floor before the $1 level. Spot XRP ETFs recorded $3.58 million in outflows on August 5, the first negative session since July 8. Derivatives data shows longs are under pressure.