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Bearish Pressure at $1.07 Points to Downtrend

Bearish Pressure at $1.07 Points to Downtrend

Bearish momentum continues to dominate digital assets as key technical levels fail to hold. The XRP crypto market is showing clear signs of exhaustion, with price pinned at $1.07 against USDT on July 31, 2026 — a level reflecting the slow, grinding weight of a market that has lost its bid.

XRP/USDT daily chart with EMA20, EMA50 and volume
XRP/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • XRP is trading at $1.07, below all major daily moving averages — EMA20 at $1.09, EMA50 at $1.13, and EMA200 at $1.42
  • The Fear & Greed Index reads 25 (Extreme Fear), while Bitcoin dominance has climbed to 56.23%
  • Daily RSI at 42.47 signals ongoing weakness without reaching oversold conditions that might attract buyers
  • Critical support sits at $1.05, with…

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