TLDR
- XRP is trading around $1.10, extending its recent decline with weak trading volume
- Active XRP addresses have fallen to ~20,000, the lowest level in nearly a year
- The Chaikin Money Flow sits at -0.13, showing capital is still leaving the market
- XRP whales accumulated 70 million tokens, but the price has failed to break $1.20
- XRP needs a 4-hour close above $1.29 to flip its short-term structure bullish
XRP is trading around $1.10 as buyers continue to struggle for control. The token has been sliding inside a long-term descending channel, and several data points suggest the pressure is not letting up just yet.
On-chain data from Glassnode shows active XRP addresses have dropped to around 20,000—the lowest point in nearly a year. This metric tracks how many users are actively transacting on the XRP Ledger. When it falls sharply, it usually means fewer people are engaging with the network.
The drop in active addresses comes alongside a decline in trading volume. Both signals point to reduced participation, which makes a strong price recovery harder to sustain without fresh buying interest returning to the market.
What the Derivatives Data Is Saying
Crypto analyst PelinayPA flagged that XRP funding rates are sitting close to zero. Long and short liquidations are roughly balanced, which means neither bulls nor bears have a clear upper hand right now.
That balance also suggests a major short squeeze or long squeeze is unlikely in the near term. Large squeezes typically happen when traders crowd heavily to one side. That is not the current setup.
CoinGlass data shows $102.2 million in cumulative short liquidation leverage stacked up to the $1.202 level. Long leverage sits at $61.17 million down to $1.02. This setup suggests the price could be pulled toward that overhead liquidity before any bigger move takes shape.
Ripple whales added 70 million XRP tokens around July 16, according to AMBCrypto. On Binance, top traders were positioned heavily long, with a long/short ratio of 3.44. Despite this, the price has not been able to clear the $1.20 supply zone.
Key Price Levels to Watch
The Chaikin Money Flow (CMF) is at -0.13, still below zero. That means more capital is flowing out than coming in.
Analyst Ali Charts pointed out that $1.13 is the key level on the short-term chart. A decisive break above it could confirm a bullish move and open the door to further upside.
$1.13 is the level I'm watching on $XRP.
A decisive breakout above it could confirm the bullish breakout and open the door for further upside. https://t.co/2Wfs5vMWVL pic.twitter.com/JlDDzov1EX
— Ali Charts (@alicharts) July 20, 2026
On the 4-hour chart, XRP has broken out of a descending wedge. However, the $1.18–$1.23 resistance zone is expected to slow any bullish push. XRP needs a 4-hour close above $1.29 to turn the short-term structure bullish.
If buyers fail to hold the $1 level, the next area of support would come into focus. A breakout above resistance, meanwhile, could target the 0.382 Fibonacci level at $1.64.
