A metallic XRP token balanced at the edge of a bright support ledge

XRP’s 635-Day $1 Streak Is Still Alive—But One Long-Term Signal Is Closing In

August 17, 2026 3:08 pm Comments

XRP has spent nearly two years doing something deceptively simple: closing every day above $1.

That streak survived two close calls this month. Now it is running into a more serious test as the daily chart stays weak and a long-term trend signal begins to tighten.

Decrypt reports that XRP had logged 635 consecutive daily closes above $1 as of last week, a run stretching back to November 2024. Monday brought another close call: XRP opened around $0.9935, fell as low as roughly $0.9882 and then recovered toward $1.00.

That rebound kept the streak alive for the moment, but it also showed how little room remains between the market and a widely watched psychological floor.

The same analysis found that XRP’s 50-day exponential moving average remains below its 200-day average, confirming that sellers still control the short-to-medium-term trend. Its ADX reading stood at 21.8, below the 25 level traders commonly use to identify a forceful, established move.

The longer weekly chart has not broken yet: the 50-week average is still above the 200-week average, preserving the golden-cross structure behind the post-election rally. But that gap is narrowing, which means a bearish crossover could turn a short-term price struggle into a broader trend warning.

The immediate recovery levels are also stacked against buyers. XRP has yet to reclaim even the shallow Fibonacci resistance near $1.0281 and faces a heavier resistance band around $1.07 to $1.09.

Below the market, the report identified support near $0.98 and then around $0.9061, giving traders a clear map if the $1 closing streak finally breaks.


A daily close under $1 would not automatically decide XRP’s long-term future. It would, however, break a highly visible streak that has lasted through sharp pullbacks, political swings and several failed rallies.

The warning now stretches across both time frames. If the weekly averages cross, the damage would move beyond short-term weakness and point to a much larger deterioration in trend.

In plain English, XRP is under pressure, but the selling has not yet become a decisive breakdown.

There is still a meaningful counterweight to the bearish chart. Analyst Ali Martinez reported that large holders accumulated more than 380 million XRP over a recent week.

That buying gives bulls real support near the current range, even if price has not yet followed it higher.

CoinGecko showed XRP near $1.00 Monday afternoon, with a market capitalization of roughly $62.7 billion and about $868.6 million in 24-hour trading volume. That keeps XRP firmly among crypto’s largest assets, where even a small percentage move can represent billions of dollars in market value.

The levels are now fairly clean. A recovery through roughly $1.07 to $1.09 would begin to repair the immediate damage.

A sustained move below $1 would put the long closing streak in jeopardy, while the $0.98 area and roughly $0.91 sit beneath it as the next notable support zones.

For now, XRP is balanced between stubborn demand and a chart that keeps getting heavier. Bulls still have the streak.

The question is whether they can turn that symbolic defense into enough momentum to keep the weekly trend from rolling over.

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