XRP Price Dives Below $1 as Sellers Target $0.98

XRP price has fallen to its lowest level in recent months, dropping below $1 for the first time since July. The token's value has declined by 2.8% over the past week and is currently trading near $1.00.

The decline accelerated in the first half of August, with XRP falling from approximately $1.14 to a low near $0.98. A short recovery brought the price back up to $1.00, but buyers have yet to secure a sustained daily close above nearby resistance.

XRP's struggle around $1 is part of a wider retreat that began after the token traded above $2 in January. It fell sharply to approximately $1.40 in February, consolidated through May, and then resumed its decline in June.