India, Aug. 18 -- XRP is hovering around the closely watched $1 mark on August 18, with the token showing only a modest recovery after recent volatility pushed it close to losing its key psychological support. Traders are now weighing weakening institutional ETF demand against stronger network activity and fresh attention on Ripple's stablecoin business and US crypto regulation.

The next move around the $1 level could determine whether XRP stages a broader recovery or faces renewed selling pressure.

XRP Price Today (18 August)

XRP price today is around $1.00, with the cryptocurrency gaining approximately 0.58% over the past 24 hours.

The token has traded between a 24-hour low of $0.988 and a high of $1.007. XRP's market capitalisation...