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XRP Price Nears $1 as Bearish Pressure Builds

TokenPost·August 11, 2026·1 min read
XRP Price Nears $1 as Bearish Pressure Builds

XRP price is under bearish pressure, trading around $1.03 near the key $1 support level. The cryptocurrency remains below all four major moving averages on the daily chart, indicating seller control. A failed stabilization attempt in July and early August has left recovery challenging, with technicals pointing to continued downside risk.

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