XRP was trading between $1.06 and $1.08 on August 4, 2026, down approximately 43% year-to-date. The token has spent nine weeks oscillating between roughly $1.00 and $1.19, a range that followed a sharp decline from $1.30 in June. The prolonged consolidation comes amid a broader crypto market that has seen Bitcoin and Ethereum attract significantly larger institutional capital flows, underscoring XRP's relative position as the third-largest crypto asset by ETF inflows.

On August 3, 2026, crypto analyst Cryptollica posted on X that XRP's monthly momentum has reached its weakest point in more than 13 years. According to the analyst, the current oversold reading is deeper than the corrections observed in 2014, 2018, 2020, and 2022. Cryptollica noted that XRP is now testing a long-term support level that has attracted buyers in previous cycles, and whether that level holds will indicate whether the coin can stabilize or decline further. The monthly reading stands in contrast to the daily and 4-hour RSI levels, which remain in neutral territory, highlighting a divergence between long-term and short-term momentum signals.

XRP JUST BROKE A 13 YEAR RECORD

HAS NEVER BEEN THIS OVERSOLD. EVER

Not in 2014. Not in 2018. Not in 2020. Not even during the 2022 collapse.

After 13 years of price history, monthly momentum has reached a new all time low while XRP tests its long term rising base.

This is not… pic.twitter.com/aEh9kbmlpc

— Cryptollica (@Cryptollica) August 3, 2026

Spot XRP ETF Inflows Continue

Spot XRP exchange-traded funds recorded $14.86 million in net inflows over the past week, according to a post on X by BankXRP. Bitwise led the inflows with $10.15 million, bringing its cumulative total to $511 million. Franklin Templeton's XRPZ fund added $4.70 million, pushing its running total to $426 million. BankXRP characterized the inflows as a sign that institutions continue to accumulate despite the price decline.

XRP spot ETFs recorded $14.86 million in net inflows last week.

Bitwise led with $10.15 million, bringing cumulative inflows to $511 million. Franklin Templeton's XRPZ followed with $4.70 million, total $426 million. pic.twitter.com/M2I0ekWv3O

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 3, 2026

For July as a whole, XRP ETFs took in $27.29 million, marking a fourth consecutive month of positive inflows. The pace was slower than in April, which saw $81.59 million, and May, which recorded $131.94 million. The deceleration suggests that while institutional demand has not reversed, the pace of accumulation has moderated as price action remained range-bound.

On July 31 alone, XRP ETFs attracted $7.69 million in net inflows, with Bitwise contributing $7.12 million and Franklin Templeton adding $576,520.

By comparison, Bitcoin and Ethereum funds drew approximately $172 million and $365 million, respectively, in July, making XRP's inflows modest relative to the two larger cryptocurrencies even during its current positive streak.

Technical Indicators Remain Neutral to Bearish

On the daily chart, XRP's Relative Strength Index (RSI) stood at 45.73, a neutral reading. The 4-hour RSI was near 52, also neutral rather than oversold.

XRP is trading below its 50-period and 100-period moving averages on the 4-hour chart, which sit near $1.079 and $1.101, respectively. A daily close above $1.093 could open the path toward $1.116 and $1.135 as the next upside targets. The 200-day exponential moving average (EMA) is positioned near $1.397, roughly 31% above the current price, and continues to slope downward, indicating that the longer-term trend remains negative despite the recent nine-week range.

Ripple's monthly escrow release added supply pressure in August. Up to 1 billion XRP can unlock each month, though Ripple typically returns approximately 700 million tokens to new escrow contracts, leaving an estimated 200 million to 300 million new XRP entering circulation monthly. The escrow system was designed by Ripple to provide predictable supply release schedules and limit large dumps. Approximately 62.5 billion tokens are currently in public hands, with 32 billion still locked in escrow.

CLARITY Act Stalled in Senate

The CLARITY Act, legislation that would transfer oversight of XRP from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC), remains off the Senate floor schedule. The Senate is expected to enter recess around August 7 to 10, leaving limited time for a vote before the break. The bill's passage would represent a significant shift in XRP's regulatory classification, potentially reducing legal uncertainty that has weighed on the token since the SEC's 2020 lawsuit against Ripple. The delay means that regulatory clarity for XRP through legislative action is unlikely before the fall session at the earliest.