TLDR XRP dropped below $1.10 for the first time since 2024, down 18% in a week Analyst ChartNerdTA warns of a possible further 23% drop to around $0.84 Ripple’sTLDR XRP dropped below $1.10 for the first time since 2024, down 18% in a week Analyst ChartNerdTA warns of a possible further 23% drop to around $0.84 Ripple’s

XRP Price: Down 70% From Its High — Here’s What Analysts Think Happens Next

2026/06/07 18:23
3 min read
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TLDR

  • XRP dropped below $1.10 for the first time since 2024, down 18% in a week
  • Analyst ChartNerdTA warns of a possible further 23% drop to around $0.84
  • Ripple’s CTO emeritus David Schwartz outlined a new XRP Ledger roadmap focused on tokenized real-world assets
  • Long-term analysts see strong support at $0.95 and a potential cup-and-handle breakout toward $3.65
  • Spot XRP ETFs approved in late 2025 have provided some structural support but haven’t stopped the current sell-off

XRP is trading at its lowest price since 2024, sitting between $1.05 and $1.09 after falling nearly 4% in 24 hours and 18% over the past week, according to CoinGecko data.

xrp priceXRP Price

The drop puts XRP roughly 70% below its all-time high of around $3.65, set in July 2025. The decline has come alongside broader weakness in crypto markets, including Bitcoin falling below $60,000.

Analyst ChartNerdTA pointed to a technical breakdown on monthly charts, where XRP swept below its upper regression band at $1.35. Historically, that type of move has led to a test of the middle regression band, which sits around $0.84 — a further 23% decline from current levels.

On-chain data shows a large portion of holders are now underwater, approaching levels seen during past bear market sell-offs. The RSI on the 4-hour chart has dropped to near 25, deep in oversold territory.

Schwartz Outlines New XRPL Roadmap

Against this backdrop, David Schwartz — Ripple’s CTO emeritus and one of the original architects of the XRP Ledger — shared a new roadmap in his “XRP in a Minute” video series.

Schwartz highlighted that enterprises are already using the XRPL for tokenized assets, and projected expansion into tokenized securities, stocks, money market funds, repos, and loans. He framed the XRPL as a bridge between Bitcoin’s native asset model and a broader ecosystem of issued assets.

Spot XRP ETFs, approved in late 2025, have added some structural support but have not stopped the current wave of liquidations.

Long-Term Chart Setup

Analyst Celal Kucuker identified a cup-and-handle structure still active on the monthly chart, with key support levels between $1.10 and $1.20. A break below that could see XRP test the 0.236 Fibonacci retracement at $0.95.

CryptoPatel noted that $0.40–$0.95 was XRP’s base before its 800% surge in late 2024. That zone is now viewed as a potential accumulation range. If support holds, long-term recovery targets sit at $3.65, $5, and $10.

XRP last traded around $1.07 on June 7, 2026.

The post XRP Price: Down 70% From Its High — Here’s What Analysts Think Happens Next appeared first on CoinCentral.

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