XRP Faces a Breakdown: Could $1 Be the Next Stop?

Ozge Saruthan Gedik
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4 Min Read

The crypto market is once again caught in a wave of fear and uncertainty, and this time Ripple’s XRP finds itself in the eye of the storm. XRP has plunged 15% within the last 24 hours, falling as low as $1.80. As panic spreads, seasoned traders and retail investors alike are now questioning whether the digital asset could sink to $1 or even lower.

The collapse coincides with a broader market rout triggered by renewed geopolitical tensions. US President Donald Trump’s latest tariff escalation against China has sent tremors through global markets. Equities opened deep in the red across Asia on Monday, and digital assets quickly followed suit. According to The Bit Journal, the crypto market lost 9% of its total value in a matter of hours, reviving the ominous term “Black Monday” on Google Trends.

XRP Faces a Breakdown: Could $1 Be the Next Stop? = The Bit Journal

Leverage Liquidations Add Fuel to the Fire

According to analytics platform Coinglass, XRP saw over $40 million in leveraged positions liquidated in just one day. A staggering $36 million of these were long positions, meaning most traders were betting on a price increase. Their forced exits have only intensified the downward pressure.

The ripple effect doesn’t stop there. Open interest in XRP futures has dropped below $3 billion, and funding rates have turned negative — a classic sign that bearish sentiment is taking hold. If the liquidation cascade continues, XRP could face even steeper declines in the coming days.

Chart Patterns Turn Bearish, Technicals Signal Danger

From a technical perspective, XRP is flashing red across multiple indicators. The daily chart shows a clear break below the 200-day moving average, while the 50-day average is on the verge of crossing below the 150-day average — a bearish crossover commonly known as the “death cross.”

The Relative Strength Index (RSI) has slipped to the 30 mark, indicating that the asset is now in oversold territory. While this might suggest a potential short-term bounce, the broader trend remains bearish. Long-term momentum has clearly shifted in favor of the bears.

XRP Faces a Breakdown: Could $1 Be the Next Stop? = The Bit Journal

Top Analyst Predicts $1 Floor for XRP

Veteran trader and chart analyst Peter Brandt has joined the growing list of voices warning of further downside for XRP. According to Brandt, losing the $1.80 support zone was a critical blow, and if sellers maintain control, the token could find itself testing the $1 mark soon.

Brandt’s analysis underscores the pivotal moment XRP investors are facing. If current support levels don’t hold, 2025 might mark a devastating chapter for Ripple holders. As traders brace for further volatility, The Bit Journal will continue to monitor the situation and provide timely updates.

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Sources & References

  1. CoinDeskRipple (XRP) Faces Massive Liquidations Amid Market Selloff

  2. The BlockXRP Open Interest Falls Below $3B After Sharp Price Decline

  3. ReutersTrump’s Tariff Moves Shake Global Markets

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Özge is a skilled and passionate content writer with a focus on finance and politics. She is highly knowledgeable in these subjects and able to explain complex concepts in an easy-to-understand manner.In her free time, Özge enjoys reading about the latest developments in the world of finance and politics. She also enjoys hiking and traveling to new places. With her strong writing skills and keen interest in these subjects, Özge is able to produce high-quality content that engages and informs readers.In addition to her writing skills, Özge is a highly organized and detail-oriented individual. She is able to manage multiple projects at once and meet tight deadlines without sacrificing the quality of her work. Özge's ability to research and analyze information makes her an asset to any team looking to produce well-informed and accurate content.
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