XRP Price Retests 23-Month Low, But Can it Recover?

Key Insights:

• XRP price tests key support at $1 after sliding close to a 2-year low.
• Activity spike within recent lows has analysts wondering whether the cryptocurrency could be gearing up for a bounce from the current critical zone.
• Analyst weighs in on key price levels to watch in case of a bounce or capitulation.

XRP price is going through a critical phase that could determine whether it will recover or capitulate to the $1 level. Its performance over the last few months has investors assessing whether it is worth adding to their portfolio, especially after demonstrating weak demand.

Ripple is still one of the top chains, but the XRP price has not exactly been appealing to investors. The cryptocurrency has been on a steady decline since July 2025, with a few bullish attempts in between.

For context, XRP price fell as low as $0.99 on Tuesday this week. This marked its lowest price level in almost 2 years, retesting levels seen in November 2024.

XRP price exchanged hands at $1 at press time, which was the same bottom range achieved in June. In other words, this price level represents a critical psychological support level for holders.

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