XRP Price Down 40% in 2026: Will $1.00 Support Spark a Rebound?

Why Is XRP Price Down in 2026?

$XRP has had a difficult year. The token has fallen to around $1.12, sitting right on its 2026 year-to-date low and down roughly 40% year-to-date, putting the psychologically important $1 level uncomfortably close. After starting the year much higher, it has steadily drifted down to these lows.

Crucially, this weakness doesn't appear to be an XRP-specific problem. The slide fits a broader crypto drawdown rather than a Ripple-specific catalyst — Bitcoin is down around 30% year-to-date and Ethereum is down about 45%. In other words, XRP is moving with the market, not against it. As one analysis put it, the selling looks more like a risk-off rotation than a token-specific event.

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How Far Has XRP Price Fallen, and Where Are the Lows?

XRP's descent through 2026 has been fairly orderly rather than a single dramatic crash. The decline began in January following a brief rally to $2.41. By early February, the price had fallen to around $1.11, then consolidated within a narrow $1.27–$1.67 range from mid-February to mid-May before resuming its slide.

That early-February low near $1.11–$1.12 is exactly where XRP trades today — the 2026 YTD low that buyers now have to defend, with little technical cushion between here and the round-number $1.00 mark.

Is XRP Coin at Risk of Falling Below $1.00?

With XRP now resting on its lows, the risk of a break toward $1.00 is very real — and it's mostly about momentum, not fundamentals. With the token sitting just above $1, even a modest additional decline puts the threshold in play, and a further slide in overall crypto sentiment could pull XRP through round-number support.

Recent momentum hasn't helped. XRP is down about 20% over the past month, with the one-month moves steeper than the YTD figures, suggesting recent acceleration of selling. Technically, the structure leans cautious: XRP's structure currently favors consolidation with a bearish bias unless bulls reclaim overhead resistance. A clean break of the current low would likely expose XRP to a retest of the $1.00 psychological level, with $0.95 as the next major demand area.