XRP’s 70% annual decline and 45% drop in 2026 challenge the ‘buy-the-dip’ narrative as support at $1 weakens.
XRP has fallen 70% over the past year to $1, extending its 2026 decline to 45% and diverging from typical dip patterns. The cryptocurrency’s summer 2025 peak of $3.65 now appears distant as it tests psychological support levels, with analysts eyeing a potential drop to $0.50 last seen in November 2024.
Historically, dips in crypto markets range from 5% to 20%, but XRP’s prolonged downturn suggests deeper structural issues. The token’s free-fall trajectory contrasts with heavy demand for long positions in derivatives markets, signaling a split among investors over its near-term prospects.
Despite bearish price action, speculative interest persists, though the absence of a clear catalyst raises doubts about a swift recovery. The $1 level remains critical, with a break below potentially accelerating losses.