The XRP price is trading near $1.09, up +1.3% on the week, while XLM has posted a fifth consecutive day of losses and surrendered key support, the kind of streak that separates a healthy pullback from something uglier.
Both coins were already under pressure before Washington and Tehran traded fresh blows. Then the Strait of Hormuz lit up again. The US military launched a new wave of strikes against Iran in retaliation for Tehran’s attacks on commercial shipping lanes in the Strait of Hormuz.
🚨BREAKING
Trump asegura que Irán quiere negociar.
🇺🇸 El presidente Donald Trump afirmó que Irán acaba de ponerse en contacto con EE. UU. para alcanzar un acuerdo.
📈 La reacción del mercado no se hizo esperar: Bitcoin recuperó los 63.000 dólares tras conocerse la noticia.… pic.twitter.com/NYJ2JtFo20
— CriptoGemas (@CriptoGemas_R4H) July 9, 2026
Iran responded by targeting US military installations in Bahrain and Kuwait. President Trump then declared the ceasefire over on Wednesday. Simultaneously, minutes from the June 16–17 Federal Open Market Committee (FOMC) meeting revealed policymakers were split on the direction of rates.
Traders now price in a rate hike at the next meeting of more than 30%, up from under 20% just one week prior, according to CME FedWatch data. Bitcoin slipped below $62,000 on the combined macro shock. XRP and XLM followed.
Can XRP Price Hold $1.07 Support or Is a Deeper Breakdown Coming?
$XRP is compressing inside a triangle, with price currently reacting from a key support zone.
Structures this large often lead to significant moves once resistance gives way. pic.twitter.com/2VYOoF2gJa
— Crypto Coral (@Crypt0_Coral) July 9, 2026
XRP is trading at approximately $1.09, sitting well beneath its 50-, 100-, and 200-day Exponential Moving Averages (EMAs), price-smoothing indicators that traders watch to gauge medium-term trend direction, at $1.173, $1.275, and $1.482, respectively. That’s not one moving average acting as a ceiling. That’s three. The technical structure is unambiguously bearish in the near term.
Ripple ETFs recorded an outflow of $7.29M on Wednesday, per SoSoValue data, after two muted sessions. Institutional money is not rushing in to catch the falling knife.
On-chain data from CryptoQuant does offer a partial counterpoint: large-whale order activity in both XRP’s spot and futures markets is visible, which can signal accumulation at discounted levels. Other metrics read neutral.
Three scenarios from here:
- Bull case: XRP holds the $1.07–$1.08 support band (CoinGecko’s 24-hour low), macro tensions de-escalate, ETF flows reverse, and price attempts a reclaim of the $1.17 EMA zone.
- Base case: Consolidation between $1.07 and $1.12 continues as traders await a fresh catalyst, a ceasefire signal, a Fed pivot in tone, or Bitcoin stabilizing above $62,000.
- Bear case/invalidation: A daily close below $1.07 on rising volume opens a path toward $0.95–$1.00. Continued escalation in Hormuz is the primary catalyst risk for this outcome.
Traders sitting in XRP positions are essentially short the geopolitical risk premium right now. That is not a comfortable position.
LiquidChain Targets Early-Stage Entry as XRP Tests Key Levels
When an established altcoin with real institutional backing is struggling to hold $1.08, it forces a practical question: at this market cap, how much upside is realistically left in a recovery trade versus what an early-stage position might offer?
That asymmetry is exactly the gap that presale projects target, and for investors already frustrated by XLM’s fifth consecutive red session, the rotation conversation is live.
LiquidChain ($LIQUID) is a Layer 3 (L3) infrastructure project, a protocol layer that sits above existing blockchains to add speed, liquidity aggregation, and execution logic, positioning itself as a cross-chain liquidity layer that fuses Bitcoin, Ethereum, and Solana into a single execution environment.
The core proposition: developers deploy once and access liquidity across all three ecosystems simultaneously, eliminating the fragmented bridging process that currently costs users both time and fees.
The presale is currently priced at $0.01478, with $891,121.27 raised to date. Key features include a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
