XRP is taking another hit today, down 1.23% to about $1.08. Same story as everything else, the U.S.-Iran war has investors spooked, and they’re bailing on risk. The Bitcoin price is down 1.5%, and XRP is just following the crowd. Nothing special happening with the coin itself.
But here’s one thing worth paying attention to. Whale activity on the XRP Ledger just dropped to one of its lowest points all year. Big players aren’t moving their coins around like they used to. That raises a real question, are institutions losing interest? And if they are, where does that leave XRP from here?
What you'll learn 👉
Why Is XRP Whale Activity So Low?
Crypto analyst Ali Charts noted that XRP Ledger transactions worth more than $1 million have collapsed from 70 over the past week to only 2 today.
Whale activity on the $XRP Ledger has cooled significantly.
— Ali Charts (@alicharts) July 12, 2026
The number of transactions worth more than $1 million has dropped from 70 over the past week to just 2 today. pic.twitter.com/th3C7vEkT2
That slowdown comes after nearly nine months of bear market conditions since the broader crypto market peaked in October 2025. During that period, the XRP price has struggled to reclaim $1.15, with repeated moves back toward the $1.05-$1.10 range as capital continued to leave the market.
Seasonal trading patterns may also be playing a role. Trading activity often slows during the middle of summer, and the period following the Fourth of July holiday in the United States typically brings lower participation from both retail and institutional traders.
Also, US spot XRP ETFs recorded $7.18 million in net outflows, active addresses have dropped to around 22,000-25,000, and new wallet creation has slowed to roughly 2,130 addresses, the weakest onboarding rate since late 2024.
Long-term holders still own about 68% of all XRP out there. But here’s the thing, most of them are moving their coins into cold storage, not trading them. They’re holding, not selling.
And then there’s the RLUSD stablecoin launch from Ripple. That brought more action to the XRP Ledger, sure. But that volume is coming from stablecoin issuance, backed by cash reserves, not people buying XRP itself. So it doesn’t really do much for the price.
Related XRP News: Here’s Where Ripple’s XRP Price Could Go This Week
Here’s What the XRP Chart Is Showing
We had a look at the chart and found the broader trend remains bearish. The XRP price has been making lower highs and lower lows for several months, dropping from above $2.60 late last year to around $1.08 today.
Every recovery attempt has been met with selling pressure, and the latest bounce from the $1.03-$1.05 area has not been strong enough to change the overall direction.
The momentum indicators also favor sellers. The RSI is at 38.69, which is below that neutral 50 line. Buyers haven’t taken control yet.
The Stochastic is 22.33, creeping toward oversold, so the selling has slowed down, but there’s still no real demand to replace it. And the MACD is negative at -0.00256. That tells you the bearish pressure is still there, even if it’s not as aggressive as before.
The key level everyone’s watching is $1.05. That’s the line in the sand. If buyers can hold that zone, Ripple’s XRP price might try to push back up toward $1.10. That price has been a ceiling for a while now, every time it gets there, sellers show up.
If XRP breaks above $1.10, that’s a good sign. It could change the mood. But if $1.05 gives way, then we’re probably looking at $1.03 next. And if that fails too, $1.00 is right there waiting.
Here’s Where the XRP Price Could Go Today
The XRP price still needs buyers to reclaim key resistance before sentiment improves. If XRP can push above $1.10, that’s the first real sign of life. Clear that, and $1.13 is next. Get past that, and $1.16 comes into view.
But if nothing changes, if buyers just hold the line at $1.05 and sellers cap it at $1.10, then we’re stuck in that range. That’s the neutral ground. No breakout, no breakdown. Just a coin trading between two walls until something gives.
If that level fails, the XRP price could fall toward $1.03, with the $1.00 psychological level becoming the next major area traders will be watching.
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