XRP hits 21-month low near $1

TLDR

XRP (XRP) has dropped to around $1, reaching a confirmed 21?month low as technical support breaks and liquidity signals weaken.

1. XRP is trading near $1, roughly 70% below its 2025 peak, with recent reports confirming a 21?month low around this psychological support zone.
2. The move is driven by a mix of macro risk-off, collapsing derivatives interest, thin spot order books, and softer XRP Ledger activity, partly offset by ETF and whale demand.
3. Key to watch now are the $1 and $0.95 price levels, upcoming US regulatory and rate decisions, and whether liquidity metrics continue to deteriorate or stabilize.

Deep Dive

1. Price Context And Support Zones

Recent market coverage shows XRP has slipped to a 21?month low just above $1 after briefly dipping below the level, with weekly support around $1.04 finally giving way. Reports note the token has fallen nearly 60% from a January high near $2.40 and about 70% from its July 2025 peak around $3.6, placing it deep in a multi?month drawdown that still ranks it as the sixth?largest coin by market cap. Bitcoin.coms update on XRP sliding to $1 and CryptoPotatos market watch on a 21?month low near $1 both frame $1 as a critical psychological and technical level. Some analysts now highlight $0.95 and $0.75 as the next major supports if this zone is lost on higher?timeframe closes.

2. Why XRP Dropped: Liquidity And Structure

The drop is not only about XRP itself. A recent selloff in Bitcoin and large caps has pulled altcoins lower, with BTC rejected above $65,000 and retreating toward $64,000 in the same window that XRP broke toward $1, as covered in the broader market piece. Structurally, XRPs open interest on Binance derivatives recently fell to its lowest level since 2024, a roughly 78% collapse over a year that signals traders have cut leveraged exposure, according to Finbolds analysis of XRP open interest. Spot liquidity also looks fragile: one report notes Binance volumes down from over $1 billion to about $68 million and warns that relatively small sell flows could push price toward $0.95, highlighting thin order books. At the same time, Binances XRP reserves and ETF flows have been trending lower and upward respectively, suggesting whales and institutions are accumulating even as price and on-chain activity weaken, as seen in Finbolds coverage of falling Binance reserves and ETF inflows. XRPL activity itself has sagged sharply in 2026, with active accounts and tokenization volumes down over 50% and 80% respectively, per XRPL activity data, which dampens fundamental momentum.

3. What To Watch Next

Analysts and even AI?based studies of XRPs crash history highlight that prior bear phases have typically lasted around 14 months, with some models putting a roughly 6065% chance that the current crash ends by mid?August or already ended at the late?June low near $1.009, as discussed in a recent historical crash study. That view only holds if XRP can defend the $1 area into September. Key upcoming catalysts that could sway sentiment include the US CLARITY Act vote on crypto asset classification and Federal Reserve rate decisions, both of which affect risk appetite and regulatory overhang. On the chart, the main signals to track are: 1) weekly closes relative to $1.001.04, 2) whether derivatives open interest and spot volumes rebuild from depressed levels, and 3) whether XRPL activity and ETF inflows resume a convincing uptrend.

Confidence: high because multiple independent price feeds and news sources agree XRP is near $1, well below prior support and multi?year highs.

Conclusion

XRPs slide to a 21?month low near $1 reflects a combination of broken technical support, thin liquidity, and a broader risk?off environment rather than any single project event. If liquidity metrics and on-chain activity stabilize while $1 holds on higher timeframes, the current zone could mark a late?stage washout of the crash. If those indicators keep weakening and $1 fails decisively, the next meaningful supports near $0.95 and $0.75 become the main levels to watch.