1 month ago
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- XRP is down nearly 38% in a month as Bitcoin trades back near $66,000
- Analysts warn BTC weakness could drag XRP below $1 if the selloff deepens
- One forecast targets $0.75–$0.85 if XRP breaks key support
Bitcoin is back trading in the $66,000 range on Friday, and the mood across crypto is still heavy. Instead of bouncing cleanly, BTC is moving like a market that can’t find strong bids, which keeps bearish sentiment alive. That matters because XRP tends to follow Bitcoin during risk-off phases, even when XRP has its own catalysts.
XRP is now hovering around $1.30 and has dropped nearly 38% over the past month. It’s not collapsing in one clean move, but it is bleeding, which is often worse for confidence. Range-bound price action can look stable, but it’s usually just a pause while traders decide whether the next leg down is coming.
The Real Risk Is XRP Losing the $1 Level
XRP is holding short-term support near $1.30, but that support only matters if Bitcoin stops dragging the entire market lower. The problem is that calls for BTC to fall toward $55,000 are getting louder, and if that happens, XRP’s $1 floor becomes extremely fragile.
The psychological impact of losing $1 is bigger than most people want to admit. Once XRP trades below that level, it stops feeling like a “major” asset and starts feeling like a falling knife again. That’s where panic selling can show up fast, even from holders who were calm just days earlier.
Analyst Forecast: $0.75 to $0.85 If the Break Happens
Crypto analyst Tara shared a bearish chart on X suggesting XRP could reach a short-term high near $1.65, but only if momentum returns. Otherwise, the more likely path is continued weakness back toward $1.30, and potentially lower if BTC breaks down further.
Her main warning is simple: if XRP falls below $1, the next support zone sits much lower, around $0.75 to $0.85. That would represent a full unwind back toward levels last seen in late 2024, effectively erasing the entire post-rally structure.
She also noted that XRP already hit a “textbook” resistance level near $1.53, and if Bitcoin’s wave structure is incomplete, a BTC drop toward the low $52,000s could line up with XRP revisiting the $0.87 region.
Why This Market Still Feels Unfriendly
This isn’t just an XRP problem. Ethereum has fallen below $2,000, and broader sentiment across majors is still bearish. When ETH and BTC are both weak, altcoins rarely get to hold their ground for long.
The market is basically walking a tightrope right now. It’s not crashing every minute, but it’s also not recovering in a way that restores confidence. That’s why new XRP entries here are being treated as risky by traders, even if the token looks “cheap.”
Conclusion
XRP at $1.30 is not the real story. The real story is whether it can avoid slipping below $1 if Bitcoin breaks down again. If BTC rolls toward the mid-$50Ks, XRP likely doesn’t just dip — it risks a full flush toward $0.75–$0.85.
This is one of those moments where XRP isn’t being priced on hype or narratives. It’s being priced on liquidity, fear, and whether Bitcoin holds the line.
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