XRP Price Prediction: XRP Hits Its Lowest Level Since 2024 as Three Separate Pressures Land at Once

NewsWed, 12 Aug 2026 12:00:00 UTC6 hours ago
XRP Price Prediction: XRP Hits Its Lowest Level Since 2024 as Three Separate Pressures Land at Once
  • XRP broke below $1 on August 12 for the first time since November 2024, with the Bollinger Band lower boundary at $1.0025 as the last technical floor
  • The Coreum-XRP bridge was drained of 200,000 XRP on August 9 through a relayer logic flaw, with the bridge now halted
  • Large XRP wallets holding over 1M XRP grew by 32 in three months despite a 29% market cap decline, per Santiment

The XRP price prediction points to $1.0537 on the bullish side and $0.95 on the bearish side, with XRP breaking below $1 for the first time since November 2024 after touching a low of $0.99.

XRP Price Analysis: $1 Breaks as the Bollinger Band Becomes the Last Floor

XRP Price Action (Source: TradingView)

XRP broke the $1 psychological floor that had held since November 2024, with today’s session printing a low of $1.016 before recovering to $1.0189. The Bollinger Band lower boundary at…

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