NewsMV

XRP holds $1.01 after first sub-dollar touch in 635 days, three models see floor between $0.55 and $0.80

8/16/2026

$XRP touched $0.99 on August 11, the first intraday print below a dollar since November 2024, cracking what had been a 635-consecutive-day run of daily closes above that level.

The price has recovered to $1.01, but the tape has not reclaimed a single trend average. The only scheduled catalyst remaining is the Senate CLARITY Act vote on September 15.

The numbers Every moving average is pointed against the setup. Gemini noted that XRP sits below the 50-day EMA at $1.09, the 100-day at $1.17, and the 200-day at $1.36.

The daily RSI reads 36, just above the 30 level that marks oversold. ETF flow data shows where the real pressure is building.