Ripple’s XRP token had a bullish start to the year, but things turned around for the worse towards the end of the year. XRP breached the $3 mark in January for the first time in seven years. The asset then went on to hit an all-time high of $3.65 in July. However, XRP’s price has seen a gradual decline since its peak. According to CoinGecko data, XRP is down 8.5% in the last week, 12.5% in the 14-day charts, 15.9% over the previous month, and 26% since December 2024. There is a risk that XRP may fall to the $1 mark and below. Let’s discuss.
Will XRP Fall Below $1?
According to prominent crypto analyst Ali Martinez, whale wallets are on a selling spree, putting XRP’s price in danger. Whales have offloaded 1.18 billion XRP in the last four weeks. According to Martinez, the chances of XRP’s price falling towards $1 have substantially increased since the increase in selling pressure.
Moreover, there seems to be very little demand for XRP at the $2 mark. The lack of any demand level may add further selling pressure on the asset.
However, despite the bearish price trajectory, XRP ETFs have seen consistent ETF inflows. XRP ETF products recently breached the $1 billion mark. However, the increased ETF inflows have not been enough to push XRP’s price.
Also Read: XRP’s Path to $5.85 & $8.76: Analyst Says ‘Wave D’ To Begin in 2026
XRP may face further price challenges until the crypto market exits its current bearish tone. Macroeconomic uncertainties and a risk-averse approach from investors have led to substantial liquidations in the crypto market. Things may not improve until the larger economy finds a stronger footing. Inflation in the UK went down to 3.2% in November, the lowest in eight months. The move may lead to the Bank of England reducing interest rates. We could see an increase in risky investments under such circumstances. XRP and other cryptocurrencies could see some relief.
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