XRP Price Crashes Below $2 — What It Means
The crypto markets are under serious pressure, and the XRP price just joined the panic. After holding steady near $2 for weeks, XRP has broken below this psychological barrier, now trading at $1.98. This dip comes amid a larger market correction that’s already seen major tokens drop by 5–10% in the last 24 hours.
This isn’t just another red day — this is a significant breakdown for XRP, and it could be setting the stage for further losses.
XRP/USD 1-day chart – TradingView
XRP Price Breakdown — Latest Stats
Here’s a snapshot of the current XRP price and market data:
- Current Price: $1.98
- 24h Performance: -8.15%
- 7d Performance: -8.68%
- Market Cap: $113.6 Billion
XRP has been on a steady decline this past week, but losing the $2 level marks a key technical breakdown. This support was a strong floor, and now that it’s gone, the chart looks increasingly bearish.
XRP Price Prediction — Key Levels To Watch
Let’s talk XRP price prediction. If the current downtrend continues and broader market sentiment doesn’t improve soon, here are the next price targets for XRP:
- $1.60 – Previously tested during a late 2024 market dip
- $1.40 – Minor support zone with high historical trading activity
- $1.20 – Major long-term support level, and potentially the next bounce zone
These levels could attract buyers, but if selling pressure increases, XRP could easily slide lower.
XRP News in Context — Why This Crash Matters
This drop isn’t just about XRP — it’s part of a wider crypto sell-off. Ethereum has crashed below $1,800, and Bitcoin price below $80,000. Asian markets opened with aggressive selling, and market-wide outflows are increasing fast.
In this environment, XRP is struggling to hold ground, and without a quick reversal, more pain could be ahead.