- XRP price stays near the levels of $1 as bearish technical indicators, including the main 4-hour EMAs, are formed.
- Open interest drops from the levels above $10 billion to just $2.7 billion.
- Brad Garlinghouse will speak at the Wyoming Blockchain Symposium on August 18.
XRP is trading around $1.00, down 0.14% over the last 24-hour period, and the 4-hour chart still indicates selling sentiment. The coin is trading below its key EMAs; the 20 EMA level is $1.004, while the 50, 100, and 200 EMA levels are $1.016, $1.034.
At the same time, Ripple CEO Brad Garlinghouse is scheduled to appear at the 2026 Wyoming Blockchain Symposium from August 17 to 20, placing Ripple and the XRP ecosystem among the topics expected to receive attention during the event.
XRP Price Faces Key Technical Levels
XRP price is trading around $1.001, below the 4-hour chart’s major EMA levels. The 20 EMA near $1.004 represents the first recovery threshold, while the higher averages indicate additional resistance at approximately $1.016, $1.034, and $1.060.
The RSI indicator is set at 41.84 and stays below 50 but above the oversold area. This places the indicator within a weak-momentum range without showing an oversold reading.
The $1.00 level remains a psychological reference point. A move below that level would place attention on lower support areas, while a recovery above $1.004 and $1.016 would mark progress toward the higher EMA levels.
XRP Price and Bollinger Band Analysis
Bollinger Band figures reveal that the XRP price is still below its short-term resistance level. At press time, the band’s base value is $1.00337, while the upper and lower band values are $1.01052 and $0.99623, respectively.
Source: Trading View
Fibonacci levels identify several areas traders are monitoring:
- Immediate resistance is near $1.00355.
- Stronger resistance appears around $1.01052.
- Support is near $0.99876, followed by $0.98978 and $0.98012.
A sustained move below $0.99876 would expose the lower Fibonacci levels identified in the analysis. A move above $1.00337, followed by a break of $1.01052, would place XRP above the Bollinger Band basis and upper-band resistance.
Separate technical data identifies resistance near $1.04806 and support around $0.99057. A breakdown below the support may lead to further downward levels, while a rebound above $1.04806 would improve the recovery pattern.
| Indicator | Reported level | Technical interpretation |
| XRP price | About $1.001 | Below major EMA and Bollinger basis levels |
| 20 EMA | About $1.004 | First recovery level |
| 50 EMA | About $1.016 | Higher resistance |
| 100 EMA | About $1.034 | Additional resistance |
| 200 EMA | About $1.060 | Longer-term resistance |
| RSI | 41.84 | Below neutral, not oversold |
| Bollinger basis | $1.00337 | Immediate reference level |
| Lower Bollinger Band | $0.99623 | Nearby downside boundary |
Market Action and Liquidations
Trading activity has been poor, along with XRP price action. Reported 24-hour volume stands at approximately $435.94 million, down 59.37%. The volume-to-market-cap ratio is listed at 0.6949%.
XRP’s market capitalization is approximately $62.73 billion, while its fully diluted valuation is around $100.09 billion. Circulating supply is reported at 62.67 billion XRP out of a maximum supply of 100 billion XRP. The number of holders is listed at roughly 548.82 thousand.
Open interest has also declined sharply. It fell from more than $10 billion at the August peak to approximately $2.7 billion. The change indicates a substantial reduction in leveraged positions and market participation compared with the reported peak.
Liquidations totaled approximately $166.10 thousand over 24 hours. Long liquidations accounted for about $147.79 thousand, exceeding short liquidations. The figures show that long positions represented the larger share of forced closures during the period covered.
Garlinghouse Scheduled for Wyoming Event
Ripple CEO Brad Garlinghouse is scheduled to speak at the 2026 Wyoming Blockchain Symposium, a 500-person, invitation-only event hosted by SALT and Kraken in Jackson Hole from August 17 through August 20.
According to XRP community member Eri, Garlinghouse’s session is scheduled for August 18, the second day of the symposium. The session is titled “Modernizing Financial Infrastructure” and is set to be moderated by CNBC reporter Tanaya Macheel.
Source: XRP community member Eri,
The reported speaker lineup also includes SEC Chair Paul Atkins, Senator Cynthia Lummis, Galaxy’s Michael Novogratz, BitGo CEO Mike Belshe, Securitize CEO Carlos Domingo, Cardano founder Charles Hoskinson, and Stellar Development Foundation CEO Denelle Dixon.
The event’s stated aims include discussions on digital asset regulation, decentralized financial systems, and institutional understanding of blockchain infrastructure. Garlinghouse’s session is listed within that broader program. No specific XRP announcement has been indicated in connection with his appearance.
FAQs
What is XRP’s current price?
XRP is trading near $1.001, with the 24-hour data showing a 0.14% decline.
What are XRP’s nearest support levels?
Reported support levels include $0.99876, $0.99057, $0.98978, and $0.98012.
What are XRP’s key resistance levels?
Resistance is identified near $1.00355, $1.004, $1.01052, $1.016, and $1.04806.
