Ripple (XRP) Just Dipped Below $1: Collapse Warning or Hidden Opportunity?

Ripple’s cross-border token has performed quite poorly over the last week, dropping by more than 7%.

It just dipped below the psychological level of $1.00, and the analysts are split: some see this as a great buying opportunity, while others have declared the asset dead.

A Deeper Plunge Ahead?

Somewhat expected, XRP’s pullback to a 21-month low has infused panic across the community, while the pessimists have become more vocal. X user Crypto Bitlord, for instance, claimed that the asset is “basically dead,” adding that it has no future and “someone needs to fork it.”

The post caused mixed reactions, with some members arguing that XRP still has a bright future ahead, but others agreed with the thesis and envisioned heavy bleeding.

X user Diana also chipped in, projecting a drop to as low as $0.86 should the price decisively break below the $1 mark. On the other hand, they believe a strong reaction around that zone, followed by a reclaim of $1.036, could interrupt the bearish perspective and trigger a relief bounce.

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