XRP Slips Below $1: Is Its Top-Five Ranking in Jeopardy?
XRP has fallen below the $1 mark, dropping to a low of $0.972 amid nine consecutive days of losses, putting its top-five cryptocurrency ranking in jeopardy.
The cryptocurrency has experienced a significant downturn, marking nine consecutive days of losses since November 5, 2026. If today ends in the red, it will be the tenth consecutive day of declines, representing the longest losing streak since the beginning of 2026. At the time of reporting, XRP was trading at $0.986, down 2.58% over the past 24 hours.
Market Pressure
The extended selloff has been exacerbated by broader market weakness, particularly in artificial intelligence-related assets following leadership concerns at Nvidia Corp. Simultaneously, the U.S. dollar has strengthened, reaching its highest level since April 2025 after inflation data exceeded expectations. This combination of factors has pressured XRP's valuation to $62.72 billion, causing it to slip out of the top five cryptocurrencies by market capitalization.
Contradictory Signals
Despite the price decline, data from Santiment reveals that larger XRP holders are quietly accumulating the token. Wallets containing 10,000 or more XRP tokens have increased to approximately 343,500, a 5.15% rise over nine months. This accumulation during a selloff suggests some higher-capital traders are viewing the current price as an opportunity to build positions.
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.
Critical Levels
The $1.00 price level now serves as a critical support point for XRP. If the token maintains this level while larger holders continue accumulating and Bitcoin stabilizes, a quick rebound toward $1.10 to $1.15 could materialize. However, if XRP loses the $1 support and the wallet growth reverses, a short-term selloff could push the price toward $0.77, last seen in October 2025.
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