XRP ETF

Surge

Ethereum

Bitcoin

<h3 id="key-takeaways">Key Takeaways</h3>
<ul>
 <li>XRP declined approximately 5% over the past week, settling around $1.03, while BTC, ETH, and SOL posted gains ranging from 1% to 4%</li>
 <li>Overall cryptocurrency market capitalization increased 1.4%, reaching $2.19 trillion</li>
 <li>Weekly XRP ETF inflows plummeted roughly 93% compared to the previous week, totaling just $1 million</li>
 <li>The Senate has postponed voting on the CLARITY Act until at least mid-September</li>
 <li>Technical indicators show XRP trading beneath its 50-day, 100-day, and 200-day EMAs, with RSI hovering around 39</li>
</ul>
<p>XRP experienced a decline of approximately 5% during the previous week, settling near $1.03, while major cryptocurrencies registered positive momentum. Bitcoin, ethereum, and solana each posted gains ranging between 1% and 4% during the identical timeframe.</p>
<figure style="width: 100%" class="wp-caption aligncenter"><img src="https://blockonomi.com/wp-content/uploads/2026/08/chart-6-1.webp" alt="xrp price" width="1824" height="1248">
 <figcaption><a href="https://www.coingecko.com/en/coins/xrp?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" rel="noopener noreferrer nofollow">XRP Price</a>
 </figcaption>
</figure>
<p>The overall cryptocurrency market expanded by 1.4%, elevating the aggregate market capitalization to $2.19 trillion. XRP bucked this trend, hovering around $1.03 as of Monday’s trading session.</p>
<p>What’s particularly notable about this decline is that XRP exchange-traded funds maintained positive net inflows for a consecutive fourth week. Nevertheless, these inflows experienced a dramatic collapse of approximately 93% on a week-over-week basis, dropping to roughly $1 million, based on SoSoValue analytics.</p>
<p>In stark contrast, bitcoin and ethereum ETFs attracted several hundred million dollars in capital during the corresponding period.</p>
<h3 id="legislative-uncertainty-pressures-xrp">Legislative Uncertainty Pressures XRP</h3>
<p>Market participants and industry experts identify regulatory ambiguity as a primary factor behind XRP’s underperformance. Senate leadership has postponed its scheduled vote on the CLARITY Act, legislation widely viewed as essential for establishing clear legal guidance regarding XRP’s classification.</p>
<div class="embed-x">
 <blockquote class="twitter-tweet">
  <p>JUST IN: <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1fa-1f1f8.png" alt="🇺🇸" style="height: 1em; max-height: 1em;"> U.S. Senate scheduled to vote on the CLARITY Act on Tuesday, Sept. 15 sometime in the 2 p.m. hour. <a href="https://t.co/VTwn34ZElk" rel="noopener noreferrer nofollow">pic.twitter.com/VTwn34ZElk</a></p>
  <p>— Whale Insider (@WhaleInsider) <a href="https://x.com/WhaleInsider/status/2086080064966533257?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 8, 2026</a></p>
 </blockquote>
</div>
<p>The vote has been rescheduled to no earlier than mid-September. Market observers widely believe this legislation represents a prerequisite for substantial institutional capital allocation to XRP.</p>
<blockquote>
 <p>Iliya Kalchev, an analyst at Nexo, characterized the present market condition as methodical accumulation. “XRP’s positioning looks patient in its own right, with order flow staying large even as volume metrics turn neutral — quiet absorption rather than capitulation or a confirmed breakout,” Kalchev said.</p>
</blockquote>
<p>Jake Claver, chairman of Digital Ascension Group and a qualified family office professional, presented a more extended investment thesis. He indicated XRP is “looking more and more like it will claim its spot as a global bridge asset and possibly be recognized by the BIS as tier-one asset in the future.”</p>
<p>Cryptocurrency analyst Amonyx shared a technical chart of XRP on X, indicating the price movement was consolidating before a significant directional shift. The analysis highlighted what they characterized as an approaching breakout, although specific price objectives were not provided.</p>
<h3 id="technical-analysis-overview">Technical Analysis Overview</h3>
<p>From a chart perspective, <a href="https://coincentral.com/xrp-casinos/" rel="noopener noreferrer nofollow">XRP</a> is positioned beneath its 50-day EMA at $1.10, its 100-day EMA at $1.18, and its 200-day EMA at $1.37. The RSI indicator registers near 39 while the MACD shows a negative reading, both signaling sustained bearish momentum.</p>
<div class="embed-x">
 <blockquote class="twitter-tweet">
  <p>This <a href="https://x.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> chart is screaming one thing:</p>
  <p>EXPLOSION INCOMING. <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f680.png" alt="🚀" style="height: 1em; max-height: 1em;"></p>
  <p>Are you ready? <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f440.png" alt="👀" style="height: 1em; max-height: 1em;"><a href="https://t.co/1lCYJasNTF" rel="noopener noreferrer nofollow">https://t.co/1lCYJasNTF</a><a href="https://t.co/unuNBg8O0I" rel="noopener noreferrer nofollow">pic.twitter.com/unuNBg8O0I</a></p>
  <p>— Amonyx (@amonyx) <a href="https://x.com/amonyx/status/2086513313026842760?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 9, 2026</a></p>
 </blockquote>
</div>
<p>Critical support is located around the $1.00 threshold, where demand may emerge. Resistance barriers are concentrated at $1.10, $1.18, $1.30, $1.37, and a more distant level at $1.90.</p>
<p>XRP is currently changing hands at $1.03 on Monday, representing a modest recovery following last week’s selloff.</p>
<p>The post <a href="https://blockonomi.com/xrp-price-slides-5-while-bitcoin-and-ethereum-surge-whats-the-problem/" rel="noopener noreferrer nofollow">XRP Price Slides 5% While Bitcoin and Ethereum Surge — What’s the Problem?</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

XRP Price Slides 5% While Bitcoin and Ethereum Surge — What’s the Problem?

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