$XRP Price Slides as Market Pressure Intensifies
The $XRP price is under renewed pressure as the broader crypto market turns risk-off. After reclaiming the $1 level in late 2024 for the first time in years, $XRP is now correcting sharply, raising a critical question for traders and investors: will $XRP hold above $1, or is a deeper retracement ahead?
At the time of writing, $XRP trades near $1.50, down significantly from recent highs and underperforming during the latest market-wide drawdown led by Bitcoin.
$XRP Technical Analysis: Trend Weakens but Structure Holds
From a technical perspective, $XRP is clearly in a short-term downtrend:
- Lower highs and lower lows dominate the daily chart
- Momentum remains bearish
- RSI on lower timeframes is deeply oversold, signalling exhaustion rather than acceleration
However, despite the weakness, $XRP has not yet broken its most important structural level.
Key Support Levels
- $1.40–$1.35: First demand zone
- $1.20–$1.10: Strong historical reaction area
- $1.00: Major psychological and structural support
A sustained break below $1 would mark a failed breakout, but for now, $XRP remains above this critical zone.
Why the $1 Level Is Crucial for $XRP
The $1 level is not just psychological — it is structural.
- $XRP spent multiple years below $1
- The late-2024 breakout marked a regime shift
- Retesting breakout zones is common after strong rallies
If $XRP holds above $1, the move looks like a healthy macro correction.
If it loses $1 decisively, it would signal broader crypto market capitulation, not an $XRP-only issue.
$XRP Market Cap and Supply Context
$XRP fundamentals add important context to the price action:
- Market capitalization: ~$92.5B
- Circulating supply: ~60.85B $XRP
- Max supply: 100B $XRP
- 24h trading volume: ~$4.4B
At $1, $XRP would still command a market cap near $60B, placing it firmly among the largest crypto assets. This makes a prolonged move below $1 capital-intensive and unlikely without a systemic market shock.
Importantly, $XRP does not face sudden unlock risks, and its remaining supply distribution is well known and gradual — reducing dilution uncertainty.
$XRP Price Prediction: Will $XRP Drop Back to Pre-$1 Levels?
Base Case
$XRP consolidates between $1.20 and $1.80, stabilising as broader market volatility cools.
Bear Case
A brief wick below $1.00 during a market flush, followed by a fast recovery.
Deep Bear Scenario
A sustained breakdown below $1 would likely require:
- Bitcoin losing a major macro support
- A global liquidity shock
- Or a Ripple-specific regulatory setback
At present, none of these conditions are confirmed.
$XRP Outlook: Correction, Not Collapse
Despite the current weakness, $XRP’s structure suggests a post-breakout correction, not a full trend failure. The market is digesting macro uncertainty, leverage flushes, and shifting liquidity — conditions that often test, but do not immediately destroy, major support levels.
As long as $XRP holds above $1, the broader bullish structure from late 2024 remains intact.
Final Take
$XRP is under pressure, but the $1 level remains the line that matters. A move toward it is possible; a sustained breakdown below it would require a broader crypto market breakdown.
$XRP, $BTC
