According to reports from AMBCrypto, XRP continues consolidating near the $1.07 level after repeatedly defending the $1.04 support zone over recent sessions. The cryptocurrency has been trading within a defined range for weeks, climbing from roughly $1.05 to $1.14 earlier this month before cooling back to current levels as ETF inflows moderated ahead of the Federal Reserve meeting. Seven US spot XRP ETFs launched since late 2025 continue absorbing supply even during this pause, which Claude AI notes is often more telling than sharp spikes since it suggests real demand rather than momentum chasing.
As reported by AMBCrypto, XRP now trades around $1.07, while the 20, 50, 100, and 200-period EMAs remain clustered between $1.07 and $1.10, creating a strong resistance band that continues limiting upside momentum. The RSI has climbed to 47.64, showing an increase in momentum but not confirming bulls are gaining strength. The MACD was positive due to reduced bearish histograms, with the two signal lines converging toward potentially crossing each other, indicating downside momentum is fading rather than reversing decisively. The broader trend since July 2025 has been a long, uneven decline, with XRP peaking near $3.65 that month and spending the rest of the year carving lower highs. Since October's crash when price gapped from above $2.60 down through $1.80, XRP has spent months compressing between roughly $1.30 and $1.60, then broke that range lower in June, sliding toward $1.05.
According to Claude AI, Standard Chartered's Geoff Kendrick holds the most credible institutional target at $2.80 by year end, which was actually cut down from an earlier $8 call after February's selloff, making it a more conservative, tested number rather than a hype-driven one. A dovish Fed signal tonight or tomorrow is named as the near-term catalyst that could push XRP through the $1.20 resistance zone, with Polymarket traders currently pricing 70% odds of that happening by month end. From there, a clean run at the prior cycle high near $2.20 becomes realistic, with $2.80 as the stretch target if broader altcoin rotation follows a Bitcoin recovery above $80,000. As per AMBCrypto, weekly spot ETF inflows reached $14.86 million by July 31st, marking a third consecutive week of positive flows after the $7.18 million outflow recorded on July 10th. Cumulative net inflows climbed to $1.51 billion, while total net assets stood at $988.78 million.
As reported by Claude AI, if tonight's Fed decision disappoints risk assets broadly, XRP's technical support at $1.00 to $1.05 gives way, opening a slide toward $0.80, the level where the last major accumulation zone from early 2026 sits. Support sits at $1.00, the level the bear case names directly as the line that needs to hold, while resistance stacks at $1.14, then $1.20, the zone Polymarket traders are pricing against, then the heavier ceiling near $2.20 from the prior cycle high. According to AMBCrypto, a clean breakthrough of the current resistance at the $1.10-$1.13 level coupled with increasing trading volume would indicate buyers are absorbing remaining inventory as opposed to just fueling a new round of price appreciation.
