XRP price loses $1 support as sellers target $0.98

XRP price slipped 2.8% over the past seven days and briefly fell below the psychological $1 level as weak daily momentum, persistent capital outflows, and a broader downtrend kept buyers on the defensive. Summary XRP price declined 2.8% over seven days and traded near $1.00 on Aug. 17. Daily Bollinger Bands place immediate resistance at $1.037 and support near $0.975. Negative daily Chaikin Money Flow shows that sellers still control the broader trend. Liquidation clusters near $1.01 and $0.98 could shape XRP’s next short-term move. XRP price action today According to data from crypto.news, XRP (XRP) price was trading around $1.00 on Aug. 17 after briefly falling below the level during the latest sell-off. The token has now lost about 73% from its cycle high above $3, according to market analyst Crypto Patel, while the daily chart continues to produce lower highs and lower lows. $XRP: The Bearish Call They Ignored… Until It Dumped 73%Back in July 2025, when most of the market expected higher prices, I warned that #XRP was losing bullish structure and advised taking profits above $3.Today:✅ ~73% down from the cycle top✅ ~53% below the confirmed… https://t.co/AGHdYcGmRI pic.twitter.c...