XRP Crashes to Lowest Close Since June: Can Bulls Save the Day?
XRP has hit its lowest daily close of 2026, settling at $1.01 before rebounding to around $1.03, according to CoinCodex.
The decline comes after weeks of sustained selling pressure and a recent failure to reclaim the 20-day exponential moving average (EMA), signaling that bears have consistently defended overhead resistance.
Market analysts view this area as a decisive inflection point rather than confirmation of a deeper collapse, with some arguing that the June low previously attracted strong buying interest, making it a crucial zone for bulls to defend.
Holding the $1.00-$1.03 support range could allow XRP to establish a stronger base for recovery, while a breakdown below support could trigger fresh selling pressure as stop-loss orders below $1.00 are activated.