XRP is trading at $1.01, down 14% over the past seven days, according to CoinGecko data. Price charts show no sign yet that the slide is over.
The token is down 0.6% in the past 24 hours. Its market value stands near $64.4 billion, and about $2.06 billion has traded in that time.
A Year Stuck in a Range
XRP has moved inside a fairly well-defined range for most of 2026:
- The February lows formed around $1.10 to $1.12.
- The price then bounced, set a lower low in August and rallied back toward the February highs.
- That rally was rejected, and the price is now sliding back toward the August floor.
Bitcoin and most large tokens have followed a similar range-bound pattern this year.
The selling sped up after XRP formed a lower high on November 4 to 5. Most of the gains from the August low have now been given back, and Fibonacci support levels failed to slow the decline.
$0.985 Is the Next Floor
With the rally mostly erased, the August swing low at $0.985 is the next likely support. A larger Fibonacci level also sits just below, near $0.98.
That leaves the $0.98 to $1 area as the zone to watch. In a three-leg pullback, the price could even dip slightly below the August low without breaking the broader structure. Momentum in the short term still points down.
No Bottom Without $1.34
XRP has not confirmed a low. The first test is a break above $1.34 on the daily chart. Until that happens, buying the decline means catching a falling knife.
On smaller timeframes, $1.12 is the nearer level to watch. It marks the last relevant swing high, and a move above it would be the first sign that a local bottom has formed.
To call a bottom with more confidence, the chart would need to show this sequence:
- A break above the $1.12 swing high
- A five-leg move higher on the smaller timeframe
- A three-leg pullback that holds above the prior low
- A fresh push above the top of the first advance
Even that pattern is a confirmation signal, not a guarantee.
Bitcoin Holds the Key
XRP is also weak against Bitcoin. The XRP/BTC pair has lost its own August low, removing another layer of support, and the pair has been in a weak phase since 2025.
As a result, XRP’s direction now depends more on Bitcoin than on its own chart. If Bitcoin’s correction deepens, XRP could fall further than BTC. A recovery in XRP is unlikely to start before Bitcoin’s pullback runs its course.
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