Why Is XRP Crashing Below $1?
Bitcoin weakness, $1.23 billion in liquidations and $19.1 million in XRP fund outflows are pressuring the token, analysts said.
- On Saturday, XRP fell below $1 for the ninth consecutive lower close on Coinbase, marking a significant breakdown in support that has persisted for days.
- Bitcoin's 16.9% monthly decline and a 5.15% yield on 10-year Treasuries are intensifying the selloff, with the Federal Reserve's December 9 meeting adding uncertainty to risk assets.
- CoinGlass data reveals $1.23 billion in leveraged cryptocurrency positions were liquidated within 24 hours, with over $1 billion stemming from long positions that profit when prices rise.
- Unlike August, when XRP rebounded to $1.70, current conditions appear more challenging; the recent test of $1 saw 140.1 million in volume while Bitcoin remains weak.
- If heavy selling persists, traders may focus on support levels at $0.90 and $0.80, though recovery likely depends on Bitcoin stabilizing as XRP remains down 47.9% this year.
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Bitcoin, Ethereum And XRP Hit Make-Or-Break Levels After Brutal Sell-Off - Invest In Crypto News
Bitcoin fell to $65,420.59, down 4.8% in 24 hours and 13.6% over the past week, according to CoinGecko data. Ether and XRP fell further. The levels traders had marked for a rebound gave way one after another. Ether dropped 5.7% to $1,826 and is down 18.2% for the week. XRP fell 6.1% to $0.9573, putting […]
XRP loses the dollar and quotes at 0.98 after a week with almost 15% drop. Analysts monitor the support of 0.99 and the risk of another 20%. The XRP entry falls under 1 dollar and analysts already warn of another 20% drop aparece primero en Merca2.
The XRP has been back under a dollar for the first time since August, after losing nearly 38% since its peak in October. More than a psychological threshold, this breakup changes the structure of the market: every rebound to a dollar can now meet sellers who want to get out of balance. L的article The XRP is under 1 dollar, the worst is yet to come? appeared first on Cointribute.
🚨 $XRP dropped below $1 and fell to sixth place in market capitalization ranking. 📉 XRP has fallen for nine consecutive days since November 5, 2026, with a weekly loss of approximately 16%. 🐋 According to Santiment data, the number of wallets holding at least 10,000 XRP has increased by 16,815 in the last nine months. Read More: XRP Drops Below $1, Falls in Market Capitalization Ranking The article "XRP Drops Below $1, Falls in Market Capital…
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