XRP has encountered notable volatility, with its price steadily retreating from $1.30 toward the $1 threshold over recent weeks. The token recently touched yearly lows, leaving many investors concerned as it diverges further from earlier expectations.
XRP projected to drop below $1
Technical analyst ChartNerd, active as @ChartNerdTA, reiterated his bearish outlook for XRP, stating that the cryptocurrency will sweep below $1 in 2026. He pointed to multiple signals supporting this thesis, including the formation of a weekly EMA death cross in January 2026, rejections from the 20-week EMA in May, and unsuccessful attempts to reclaim resistance at $1.29 and $1.60. According to ChartNerd, these indicators suggest that bears have retained control throughout the year.
ChartNerd’s analysis has remained unchanged since at least June, reflecting his conviction that XRP will register one last low before any meaningful rebound. Supporting this view, several other market observers anticipate a continued correction ahead of a potential rally.
He commented that any immediate recovery would likely represent a short-term relief rally rather than a sustained reversal, highlighting the risk of a further decline during the final quarter of 2026. ChartNerd also set extended downside targets at $0.70, underscoring a prevailing cautious sentiment among many analysts.
ChartNerd has argued that the technical rejection at multiple resistance levels, combined with persistent bearish signals like the weekly EMA death cross, increases the probability of XRP falling below the $1 mark before a broader recovery can begin.
Community weighs in on bearish prediction
The XRP community has responded with a blend of skepticism and pragmatism to ChartNerd’s outlook. Some traders expressed interest in accumulating at lower prices if XRP’s decline continues, viewing a sub-dollar move as a buying opportunity. However, others questioned whether such price action would shake investor confidence and delay any major recovery effort.
Community discussions also highlighted concerns about the reliability of technical predictions, with several participants pointing out that conviction in a buying opportunity often diminishes when prices actually reach new lows.
One user argued that if XRP does break below $1, this could trigger a sharp reversal, potentially trapping those expecting prolonged declines. ChartNerd responded by stating that he would accept being wrong if proven otherwise and would adjust his position accordingly.
Analysts signal further correction before rebound
Additional analysts joined the discussion, reinforcing expectations of a final leg lower for XRP. CasiTrades identified $0.87 as her primary downside target, with an alternative level set at $0.93. Meanwhile, Dark Defender applied Elliott Wave analysis and also placed the correction’s end near $0.93.
Collectively, the perspectives from ChartNerd, CasiTrades, and Dark Defender indicate that the market could see another significant move down before any long-term upward trend emerges. The sustained technical pressure aligns with their view that a lasting recovery remains on hold for now.
At a period when many traders are focusing on the importance of close market monitoring and timely execution, platforms like 1stepSwap are gaining traction. 1stepSwap streamlines access to real-world assets, enabling users to buy shares of major U.S. companies or commodities such as gold and silver directly from their wallets. By aggregating market prices and facilitating transactions within seconds at the most competitive rates, investors can further diversify their portfolios without intermediaries or complex processes.
As XRP continues to move through key technical levels, market participants and analysts alike are watching for signs of a decisive bottom and monitoring whether the long-anticipated rally can eventually materialize.
