XRP Bitwise ETF outflows hit 93% collapse in July 2026. Institutional rotation into Bitcoin has drained retail interest. But price follows volume; without sustained selling at $1.00, support holds. Watch volume profile for true capitulation.
$1.00 support cascades to $0.85 if broken. $1.15 is near-term resistance; $1.25 is major target if buyers regain control. Large volume emerges at each level. Expect consolidation rather than smooth directional moves.
Ripple's bank partnerships and upcoming RLUSD deployment haven't changed. XRP's utility story is strong. Price weakness is macro-driven (higher rates) and ETF-driven (outflows), not fundamental deterioration. Value buyers accumulate.
India's hot inflation print today signals RBI rate pauses ahead. Higher real rates make zero-yield assets like XRP less attractive vs. deposits. Indian retail (huge for XRP volume) may rotate out if rupee strengthens.
Don't chase breaks of $1.00 yet. Wait for weekly close confirmation. If $1.00 holds through August 14, $1.25 is probable target. If $1.00 breaks on volume, $0.85 support is next. Timing entry on confirmation matters.
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