XRP price below $1 has become the central technical problem for the token after a 2.8% weekly decline left it trading around $1.00 on 17 August, caught between competing liquidation clusters on either side.
The move lower follows a deterioration that stretches back to January, when XRP traded above $2. It dropped sharply to approximately $1.40 in February, consolidated through May, then resumed its slide in June. The most recent leg took it from roughly $1.14 to a low near $0.98 in the first half of August, with a partial recovery returning it to parity.
Daily Indicators Offer Little Relief
XRP sits below the middle line of its daily Bollinger Bands, which stands near $1.037. Reclaiming that level is the minimum requirement before the chart can signal any improvement in momentum. The upper band near $1.099 extends the resistance zone to roughly $1.04–$1.10, a range the token has not closed above since early August.
The daily Chaikin Money Flow (CMF) reading is -0.17, reflecting persistent selling volume dominance across its 20-session window. CMF moving back toward zero alongside a close above $1.037 would be the first credible sign of accumulation returning. Neither condition is currently met.
The daily lower Bollinger Band sits at approximately $0.975. XRP is pressing against it, a position that can precede short-term bounces but does not confirm the broader decline has reversed.
XRP Price Below $1 and the Liquidation Heatmap
The more immediate pressure comes from the leverage structure around current price levels. CoinGlass‘s three-day liquidation heatmap places the strongest nearby upside pool at $1.011, with additional liquidity around $1.02. On the downside, the clearest cluster sits near $0.98, close to the lower Bollinger Band at $0.975, with further concentrations around $0.96.
CoinGlass describes these concentrations as ‘magnetic zones’: price ranges with high liquidation density where markets tend to gravitate because a large volume of open contracts sits there. A push through $1.011 could trigger short liquidations and carry XRP toward $1.02, while a loss of $0.99 would expose the $0.98–$0.975 region and pressure leveraged longs to close.
Worth keeping in mind: according to CryptoRank, CoinGlass heatmap estimates are modelled from open interest and assumed leverage distributions, not confirmed exchange liquidation engine outputs. The tool’s reliability is strongest for high-volume pairs such as BTC and ETH and weakens considerably for lower-volume assets. XRP occupies a middle tier here; the heatmap levels are useful as reference points, not certainties.
4-Hour Chart Attempts a Recovery
The 4-hour view is marginally more constructive. XRP was trading around $1.001 with its 4-hour CMF at 0.09, suggesting some buyers entered near the recent lows. The token had also edged above the Ichimoku conversion line near $0.998 and the baseline around $1.000.
The Ichimoku cloud, however, remains overhead with its upper boundary near $1.017, and the cloud continues to slope downward, maintaining the bearish structure in place since late July. A 4-hour close above $1.017 would be the first meaningful sign of buyers regaining control. Failure to clear it leaves XRP pinned between $0.99 and $1.02.
Analyst Targets Span a Wide Range
Market analyst Crypto Patel has argued XRP could fall a further 20%–40% before forming a major reversal, identifying $0.85–$0.65 as a longer-term accumulation range. Capital deployment in that scenario, the analyst suggested, should be gradual rather than aimed at picking an exact bottom. Longer-term targets of $3, $5, $7, and $10 are contingent on reversal confirmation that the current daily trend does not support.
Analyst Gerla takes a more constructive view, citing a long-term trendline test and a bullish RSI divergence: price making a lower low while momentum produces a higher low. Divergences can precede recoveries but require confirmation, and the daily trend has not yet provided it.
Ripple‘s XRP has now lost approximately 73% from its cycle high above $3, per Crypto Patel. Market participation has thinned during the retreat, meaning relatively modest sell orders can produce wider price swings around the $1 level.
The setup is binary in the near term: a daily close above $1.037 would clear the immediate bearish case, while a confirmed break below $0.975 reopens the path to $0.96 and, if that fails, the lower end of the analyst accumulation range near $0.85. The CoinGlass heatmap and the CryptoRank caveat on its precision both suggest treating the $0.98 cluster as a zone to watch rather than a guaranteed floor.
