XRP Slips About 6% on the Week Near $1.07 as the Fed Holds and Whales Keep Buying

Thursday, July 30, 2026 · XRPTRACER market wrap

By XRPTRACER Research Team

XRP is about 6% lower than a week ago, opening July 30 near $1.07 after the Senate shelved the Clarity Act and the Fed held rates. The damage looks contained for now. Price has nudged up for three sessions, and on-chain data shows mid-size holders adding rather than selling.

XRP market moves

CoinGecko's daily snapshot puts XRP at about $1.07 at 00:00 UTC on July 30, with a market cap near $67.1B. A week ago, on July 23, it was about $1.14, so the weekly drop is roughly 6%. The low this week came on July 28, when Decrypt had XRP trading near $1.06 and FXStreet near $1.05, pressed against the lower Bollinger Band.

FXStreet's levels as of today:

  • Support: about $1.05, then the $1.00 psychological level
  • Resistance: about $1.10 (Bollinger midline), then $1.13 (50-day EMA) and $1.14 (upper band)
  • Longer-term hurdles: 100-day EMA near $1.21, 200-day EMA near $1.41
  • Momentum: RSI near 45, MACD slightly negative

What moved the market

The Clarity Act stalled. Decrypt reported on July 28 that the Senate shelved the market-structure bill before its August recess. That undid the July 21 bump, when reports of a deal on the bill's ethics provision briefly lifted XRP 3.25% to about $1.15.

The Fed held. The FOMC left rates at 3.50%–3.75% on July 29, per FXStreet. That was the expected outcome, but hike odds had climbed to about 38% the weekend before, per CME FedWatch data cited by Decrypt, so a hold felt like relief.

Geopolitics. FXStreet points to tension in the Middle East and the US-Iran conflict as an ongoing drag on risk appetite.

Question everything

A 6% weekly drop sounds dramatic, but XRP has spent most of July moving between about $1.04 and $1.16 (CoinGecko daily data). Decrypt measured the trend-strength indicator (ADX) at 11.2 on July 28, one of its weakest readings of the summer. A reading that low means no real trend, so treat breakout and breakdown calls this week with caution.

What people are talking about

The loudest takes on X are split between "death cross, $1 next" and "whales are loading." Both have some support. Decrypt confirmed the death cross. FXStreet, citing Santiment, shows wallets holding 10,000–100,000 XRP rising to 11.9% of supply, from 11.64% on July 1, and wallets with 100,000–1M XRP at 11.75%, from 11.45%. Holders are buying, but price isn't following yet.

On-chain data

  • XRP price: about $1.07 at 00:00 UTC (CoinGecko)
  • Market cap: about $67.1B (CoinGecko)
  • 24h volume: about $1.32B (CoinGecko daily data)
  • Futures open interest: about 2.27B XRP, per FXStreet, below this week's high of 2.29B
  • Holder cohorts: 10k–100k wallets at 11.9% of supply; 100k–1M wallets at 11.75% (Santiment via FXStreet)

Flows and macro

US spot XRP ETFs have been quiet but positive this week: +$0.58M on July 28 and +$0.53M on July 29, per XRP Insights. July to date is about +$13.5M. Bitcoin is holding above $64,000 after three straight up days, per FXStreet, well below its June highs near $80,000 cited by Decrypt.

What to watch next

  • $1.05 support: a daily close below it opens the way back toward $1.00
  • $1.10 resistance: reclaiming it would be the first sign the downtrend is easing
  • August 1 escrow: Ripple's monthly 1B XRP release, and how much is re-locked
  • ETF month-end: whether July finishes as a fourth straight month of net inflows

The XRPTRACER take

This week's drop was driven by Washington and the Fed, not anything specific to XRP. Nothing changed in the XRP-specific news this week; if anything, Aviva's launch on XRPL added to it. Price is stuck in a range with no trend, and the steady buying from mid-size holders is the most constructive signal in the data. We're watching $1.05 and $1.10 on the Dashboard.

Sources: FXStreet: XRP extends short-term advance · FXStreet: American Wrap, July 30 · Decrypt: XRP slides as Senate drops Clarity Act · CoinGecko XRP history · XRP Insights ETF flows

Price is CoinGecko's daily snapshot at 00:00 UTC on July 30, 2026. ETF flows through July 29.

Not investment advice. See our Disclaimer.

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July 2026 Wrap: XRP Ends the Month Near $1.08 as ETFs Log a Fourth Inflow Month

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Aviva Investors Puts Its First Tokenized Fund on the XRP Ledger as XRP Holds $1.07