Is XRP’s $1 support under threat? Here’s what’s driving the decline

Ripple [XRP] has extended its weekly losses to about 7%, taking the yearly drawdown to 69.4%. Hence, XRP recorded its lowest price level since breaking above $1 in the last quarter of 2024.

Moreover, XRP’s weakening price action is setting the stage for a possible drop below $1.

XRP price loses KEY support level

The technical outlook of the altcoin has been bearish since early July 2025, when it recorded a high of $3.658. Since then, the altcoin has been dropping, having a bearish crossover in October the same year.

XRP remains below its 9 and 21 SMAs, while the Money Flow Index (MFI) has dropped into an oversold territory of 20.42. This capital outflow accelerates the risk of price falling below $1.

The recent low of $1.0049, the weakest since November 2024, marks a multi‑year psychological level, reflecting the most bearish sentiment in nearly two years. 

Apart from a bearish market structure, fundamentals and network activity were adding to the pressure.

What’s fueling XRP’s weakness?

The Clarity Act was put on hold, delaying crypto adoption in the United States.

As a result, XRP ETF inflows slowed down, with weekly net inflows declining from over $100 million in late 2025 to just a few million. For instance, only $14.86 million of XRP ETFs were bought last week.