XRP's Top-Five Status at Risk as Price Breaks Below $1: What's Next?
XRP has fallen below the $1 mark, dropping to a low of $0.972 amid a nine-day losing streak, with its top-five cryptocurrency status now at risk.
XRP has fallen below the $1 mark, dropping to a low of $0.972 in early Saturday trading after marking nine consecutive days of losses since November 5, 2026. If today ends in a loss, it will mark the tenth consecutive day of declines, the longest losing streak since the start of 2026.
The cryptocurrency was down 2.58% to $0.986 over the last 24 hours amid broader crypto market weakness that coincided with strength in the U.S. dollar. The dollar index climbed to its highest since April 2025 on Friday after inflation data came in hotter than expected.
Market position threatened
XRP's price drop is putting its position among the cryptocurrency market's top five assets under pressure as the broader market selloff deepens. According to CoinMarketCap data, XRP has slipped out of the top five cryptocurrencies by market capitalization, sitting in sixth place below the USDC stablecoin with a market valuation of $62.72 billion.
The cryptocurrency is also down nearly 16% on a weekly basis, reflecting the broader market turbulence that has affected digital assets across the board.
Shark accumulation continues
Despite the price decline, Santiment reports that XRP shark accumulation is quietly increasing even as the token trades below $1. XRP wallets with 10,000 or more tokens have experienced a rapid uptick in November, reaching approximately 343,500 such wallets, up 16,815 (+5.15%) over nine months.
When larger holders keep appearing during a selloff, it suggests some higher-capital traders are using the fear to build positions instead of abandoning XRP.
The XRP price has dropped more than 30% over the past seven weeks, while shark and whale numbers are increasing, creating a positive divergence that could signal potential recovery.
Critical levels ahead
$1.00 is now the key XRP level to defend. If wallets holding 10,000 or more tokens continue their rapid growth while XRP holds $1 and Bitcoin stabilizes, a reclaim of $1.10 to $1.15 could develop quickly.
Losing $1 while this wallet growth reverses would likely create a short-term selloff, followed by retail FUD that should quickly lead to a bounce. In this scenario, XRP might aim at $0.77, last reached in October 2025.
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