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XRP Under $1: How Far Can It Fall Before Rebounding?

XRP falls below 1 dollar and hits a new annual low, driven by the decline in the crypto market. While the token has lost nearly 25% in one month, analysts are identifying the next supports likely to slow its fall.

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Cryptoast
Newswire · 3 h ago
◌ Single source2 min read
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XRP Under $1: How Far Can It Fall Before Rebounding?

Home » Crypto News » Ripple (XRP) News » XRP under 1 dollar: how far can it fall before rebounding?

The price of XRP continues to decline. After having given up the symbolic threshold of the dollar on Friday, the token fell to around 0.98 dollars this Saturday morning, sinking its August lows. It is now moving around $0.99.

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This drop is part of a general decline in the cryptocurrency market. Bitcoin fell below $67,000 and Ether below $1,900. Investors are reducing their exposure to risky assets, amid a decline in technology stocks and expectations of higher US rates. Liquidations of leveraged positions increase selling pressure.

Over one month, XRP lost almost a quarter of its value. It is now around 73% from its record high of $3.65, reached in July 2025. The token had already fallen below the dollar in August, before rebounding. This time, buyers failed to defend this bottom, leaving traders looking lower for the next levels that could slow the correction.

The breakup of the dollar pushes traders to look for new points of support. On X, analyst Ali Martinez points out that The token has returned towards $0.99, the lower limit of the channel it follows. According to him, a lasting break of this support could extend the correction towards $0.80.

Other analysts, such as trader CrediBULL Crypto, also foresee a continued decline. The latter maintains its scenario of a move below the previous lows of $0.98, then a return to an area between $0.60 and $0.90.

However, he sees this area as a potential point of support before a larger recovery. According to him, the correction could prepare for a more lasting reversal than a simple rebound of relief. This nevertheless remains to be confirmed: reaching a support zone does not guarantee that buyers will regain control.

The decline also hits Evernorth, a company listed on Nasdaq since October 12 and holding approximately 473 million XRP. Supported in particular by Ripple, SBI, Kraken and Pantera Capital, it allows investors to gain exposure to the token on the stock market.

Its XRPN stock closed yesterday at $7.85, down 12.49% on the session. It has lost around 85% since its peak of $53, a much sharper correction than that of XRP.

The stock had already fallen more than 23% on November 10, amid the registration of 73.69 million shares for potential resale. Among them, 19.1 million are already issued; the others depend in particular on conversions, exchanges or the exercise of subscription warrants. The prospect of more shares coming to market may weigh on the price. This filing, however, does not allow us to conclude either actual sales of securities or a transfer of XRP held by Evernorth.

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Source · Cryptoast ↗

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  1. Cryptoast
    14 Nov, 11:37
Trust score: 77/100
Publisher Cryptoast (general tier)+72
Checkable figures cited+3
Detailed summary+2
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