XRP Hits Rock Bottom: Can Bulls Save the Day?

XRP has hit its lowest daily close of 2026, falling to $1.01 before rebounding slightly to $1.03.

This decline comes after weeks of sustained selling pressure and an inability for XRP to reclaim the 20-day exponential moving average (EMA).

The price zone around $1 is critical support for XRP, as it marks the June low where bulls previously showed strong buying interest.

If XRP can hold this range, analysts believe it may establish a stronger base for recovery and potentially lead to a reversal in its trend.