- XRP has fallen below $1, hitting its lowest level since November 2024 amid weak liquidity and heavy selling pressure.
- A continued downtrend could push XRP toward $0.50, while Fed rate cuts may help improve market conditions.
XRP price has fallen below the key $1 level, reaching its lowest point since November 2024. The decline has raised concerns that XRP could face another sharp drop if selling pressure continues.
XRP traded at around $1.0077 on August 14 after falling 0.1% during the day. The move followed a break below the psychological $1 support earlier this week.
Why Is XRP Price Falling?
XRP is facing growing pressure as liquidity across the crypto market remains weak. Capital has continued to move toward spot Bitcoin ETFs, reducing available liquidity for altcoins.
Bitcoin has also pulled back, adding to the pressure across the wider market. With fewer buyers supporting XRP, continued selling has made it harder for the price to recover.
The Grayscale XRP Trust ETF has also added to selling pressure. In the first half of 2026, the fund sold more than 70 million XRP worth over $180 million.
Ripple’s monthly escrow unlocks are another factor investors are watching. These unlocks have a limited impact during strong market conditions. However, weak liquidity can make the additional supply appear more bearish.
XRP Price Risks Another 50% Drop
XRP has attempted to recover toward $1.18 twice over the past month. However, both attempts failed near the 0.786 Fibonacci retracement level.
The repeated rejection has kept the broader downtrend intact. XRP has since formed new lows, increasing the risk of further losses.
The next major support area sits near $0.50. A move to this level would represent a potential decline of about 50% from the current price.
Breaking below $1 has also placed XRP in a high-risk technical zone. If XRP cannot reclaim the $1 level soon, sellers could gain further control.
Fed Rate Cuts Could Help XRP Recover
XRP currently lacks a major short-term catalyst that could reverse the decline. Developments around XRP Ledger tokenization may support long-term adoption, but they may not provide immediate buying pressure.
Broader economic conditions could therefore play a bigger role in XRP’s next move. Investors are closely watching the Federal Reserve for possible interest rate cuts.
Lower rates could improve market liquidity and encourage more capital to return to riskier assets. Until then, XRP could remain under pressure if liquidity stays tight.
For now, holding above $1 remains important for XRP. A sustained recovery above this level could reduce bearish pressure, while another breakdown could expose the $0.50 support zone.
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