XRP on Thin Ice: Can it Defend $1 and Spark a Reversal?
XRP has reached its lowest daily close of 2026, slipping back into the same price zone that marked its June bottom. This retesting of the June low comes after weeks of sustained selling pressure.
The decline accelerated after a recent failure to reclaim the 20-day exponential moving average (EMA), sending XRP to $1.01 before rebounding slightly to around $1.03, according to CoinCodex.
As XRP now hovers just above the psychologically important $1.00 level, traders are closely watching for signs that the recent selloff may be nearing exhaustion.