XRP (XRP) Daily Market Analysis 08 July 2026

XRP holds $1.11 support after a volatile week, with mixed signals from technicals, regulatory news, and adoption growth. • XRP trades at $1.1129 (7 July 2026), up 7.0% weekly but down 2.74% in 24 hours, stuck in $1.11–$1.15 range • Ripple's preliminary MiCA license in Luxembourg (23 June) is a company-level win, not a token approval for XRP • XRP ETFs see ninth consecutive week of inflows ($17.19M), but CLARITY Act vote delayed to late July • Adoption expands: AI starter kit, RLUSD integration, Clearstream custody, Japanese corporate use, and 2.2M hotel merchants • Key levels: support at $1.11 (secondary $1.08), resistance at $1.14–$1.15; breakout target $1.17–$1.20