XRP Pullback Tests $1.40 Support Amid Leverage Unwind
XRP (XRP)
Editor:
Eugene Serbin
Decrypt.co reports that XRP leads a broader crypto pullback as leverage unwinds following Bitcoin’s brief clearance of $80,000. The token dropped 6.23% over 24 hours to approximately $1.38, marking its worst performance among the top ten cryptocurrencies by market cap. This decline reverses a strong weekly trend where XRP rose from $1.00 on August 18 to an intraday high near $1.69.
Despite the sharp correction, XRP remains up 35.55% over the past seven days, trailing only Hyperliquid’s 38.65% weekly gain. The rapid price appreciation from $1.00 to $1.69 in just four days created a leverage-heavy rally that is now cooling. XRP-linked ETFs have recorded nine consecutive days of net inflows, suggesting institutional interest persists despite the price drop.
On the daily chart, the asset opened at $1.4344 and is currently trading near $1.3790, down 3.86% for the candle. The $1.40 zone has flipped from resistance to support and now aligns with the 200-day exponential moving average. Technical indicators show mixed signals, with the RSI at 66.7 and the ADX at 44.1, while shorter-term moving averages remain below longer-term ones.
Bitcoin’s hold of the $77,000-$78,000 zone will influence altcoins as traders await core PCE inflation data and Nvidia earnings. If XRP holds $1.40 on a daily close, the seven-day rally remains a healthy cooldown; a break below could trigger deeper selling.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 26 August 2026. Not the outlet's figures.
Whalio’s Binance spot data for XRP shows a price of $1.42 with a 24-hour buy ratio of 51.9%, indicating slightly more buyers than sellers over the full day. However, shorter timeframes show weaker conviction, with the 1-hour buy ratio at 51.1% and the 4-hour ratio dropping to 48.4%. The 24-hour volume delta is positive at +$8,976,592, meaning cumulative buying pressure exceeded selling pressure over the day. In contrast, the 4-hour volume delta is negative at -$553,241, showing that recent selling has outweighed buying in the immediate term. The 1-hour volume delta is positive at +$462,673, suggesting a brief respite in selling pressure within the last hour. This divergence indicates that while the day ended with net buying, the immediate momentum is fading as the 4-hour window shows net outflows.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Twenty-four hours later
What XRP did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, XRP experienced a 28.7% price increase, driven by a massive rally that has now cooled. The current 24-hour spot volume of $238,596,35 is roughly half the average daily volume, indicating significantly reduced trading activity compared to the weekly norm. While the 24-hour buy ratio of 51.9% is 3.0 points higher than the 7-day average of 48.9%, the volume contraction suggests this is a quiet day rather than an active one. The weekly volume delta was negative at -$61,148,055, contrasting with the current day’s positive delta, which highlights a shift from net weekly selling to current net buying. This day is unusual due to the low volume relative to the average, despite the positive buy ratio shift.