Moonberg Presale Rockets as XRP Price Hits New Low
The XRP price has dropped below $1 and remains in a bearish trend. According to technical analysis, bears are firmly in control, with XRP forming lower highs and lower lows. The recent drop below $1 may mark the beginning of another leg down.
The positive news surrounding XRP exchange-traded fund inflows has failed to buoy the price as selling pressure continues to mount. Rising institutional demand has seemingly failed to reassure retail traders that XRP is worth holding when comparable large-cap tokens such as HYPE and TRX are outperforming it.
Benzinga's high XRP price forecast target suggests a recovery to $1.81 during the remainder of 2026, while CoinCodex is less optimistic with its highest target of $1.20 implying a 20% rally from the current price.