XRP is about to fall: Is 1 dollar the next support level?

The cryptocurrency market is once again submerged in a wave of fear and instability, and this time, XRP from Ripple is at the center of the storm. XRP has fallen 15% in the past 24 hours, reaching a low of $1.80. As panic spreads, veteran traders and retail investors are now questioning whether this digital asset could drop to $1 or even lower. This collapse coincided with a broader market flight due to rising geopolitical tensions. U.S. President Donald Trump’s latest move to raise tariffs on China sent shockwaves through global markets. Stocks opened in the red across Asia on Monday and digital assets quickly followed. According to The Bit Journal, the cryptocurrency market lost 9% of its total value in just a few hours, reviving the ominous term “Black Monday” on Google Trends. Liquidating leverage adds fuel to the fire According to the analysis platform Coinglass, XRP has seen over 40 million dollars in leveraged positions liquidated in just one day. Of that, up to 36 million dollars were long positions, meaning most traders were betting on an increase in price. Their forced exit only adds to the selling pressure. The spillover effect does not stop there. The open interest in XRP futures has fallen below $3 billion and the funding rate has turned negative — a classic sign that bearish sentiment is prevailing. If the liquidation chain continues, XRP may face an even larger decline in the coming days. The sample chart turned into a downtrend, dangerous technical signals. From a technical perspective, XRP is flashing red on multiple indicators. The daily chart shows a clear break below the 200-day moving average, while the 50-day moving average is on the verge of crossing below the 150-day moving average — a bearish crossover commonly referred to as the “death cross.” The relative strength index (RSI) has fallen to a level of 30, indicating that the asset is currently in the oversold region. Although this may suggest a potential short-term recovery, the overall trend remains bearish. Long-term momentum has clearly shifted in favor of the bears. Top analysts predict a floor level of 1 dollar for XRP Veteran trader and chart analyst Peter Brandt has joined the growing list of voices warning about further declines for XRP. According to Brandt, losing the support zone of $1.80 is a serious blow, and if sellers maintain control, this token could soon test the $1 level. Brandt’s analysis emphasizes the critical moment that XRP investors are facing. If the current support levels do not hold, 2025 could mark a brutal chapter for Ripple holders. As traders prepare for the next volatility, The Bit Journal will continue to monitor the situation and provide timely updates. ⚠️IMPORTANT! If you like this topic, don’t forget: • Follow me @blogtienso for more interesting content! • Like, share, and leave a comment 💖 and don’t forget to DYOR! #Write2Earn #Write&Earn $XRP {spot}(XRPUSDT)