• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

XRP Price Analysis: Buy Now or Wait for Ripple to Fall Below $1?

May 2, 2026
in Crypto News
Reading Time: 3min read
0 0
A A
0
XRP Price Analysis: Buy Now or Wait for Ripple to Fall Below $1?
0
SHARES
0
VIEWS
ShareShareShareShareShare

XRP is trading near $1.38, a level that looks increasingly precarious. Now, is the current level a dip worth buying or the beginning of something uglier? XRP price sits 62% below its July 2025 all-time high of $3.65, and our analysis suggests that the current price is at a make-or-break point.

Daily active wallet addresses on the XRP Ledger have dropped sharply, from 22,054 twelve months ago to just 13,684 as of late April. A 38% decline in active participation, and new wallet creation is slowing alongside it.

XRP Active Wallets, Cryptoquant

Trading volumes on XRPL have compressed in tandem, suggesting the network isn’t attracting fresh capital at anywhere near its previous pace. Decelerating adoption during a crypto downturn is precisely the condition that has preceded XRP’s worst historical corrections.

The broader market context makes the setup even more delicate. A prolonged risk-off environment has weighed on altcoins disproportionately, and XRP’s historical pattern of violent drawdowns warrants serious consideration.

Discover: The best pre-launch token sales

XRP Price Analysis: Is a Drop Below $1 Inevitable?

XRP is caught in a descending channel with key support identified at $1.20 with the next major support zone sits at $1.00. It’s a psychologically significant threshold that also aligns with where the coin spent the majority of its existence before 2021.

RSI conditions appear weak, consistent with a market lacking bullish conviction. Volume has not confirmed any meaningful recovery attempt, which typically indicates sellers remain in control of price discovery at these levels.

XRP price sits 62% below its July 2025 all-time high of $3.65, and our analysis suggests that the current price is at a make-or-break point.
XRP USD, TradingView

Ripple’s ongoing expansion efforts and institutional positioning provide a longer-term floor argument, but near-term momentum is not cooperating.

Some analysts project long-term targets of around $10 by 2030 under favorable conditions. That thesis may well prove correct. But entering at $1.38 into a descending channel with declining on-chain activity requires patience and a strong stomach.

Discover: The best crypto to diversify your portfolio with

Bitcoin Hyper Could Be The Next XRP

Watching XRP consolidate 62% off its highs while on-chain metrics deteriorate is a particular kind of frustration. The coin might recover strongly, but the opportunity cost of waiting through that bottom is real.

Bitcoin Hyper ($HYPER) is a project drawing attention. Positioned as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, it targets Bitcoin’s three core limitations simultaneously: slow transactions, high fees, and absent programmability.

In short, Hyper is delivering sub-second finality and low-cost smart contract execution while inheriting Bitcoin’s security model.

The presale has raised somewhere approaching $33 million at a current token price of $0.0136, with staking available for early participants. At that raised level, meaningful institutional and retail appetite is already present, but the price remains early-stage by any measure.

Research Bitcoin Hyper before the presale concludes.

The post XRP Price Analysis: Buy Now or Wait for Ripple to Fall Below $1? appeared first on Cryptonews.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Price Yet To Bottom Based On MVRV Bands — $43K Still Possible?

Next Post

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

Next Post
Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You might also like

Japan Bitbank Launches Crypto-Linked Card That Settles Bills in Bitcoin

Japan Bitbank Launches Crypto-Linked Card That Settles Bills in Bitcoin

April 28, 2026
Brazil Cracks Down on Prediction Markets, Bans 27 Platforms Including Kalshi and Polymarket

Brazil Cracks Down on Prediction Markets, Bans 27 Platforms Including Kalshi and Polymarket

April 27, 2026
Here’s How The Ethereum Vs. Solana Rivalry Is Going

Here’s How The Ethereum Vs. Solana Rivalry Is Going

April 29, 2026
XRP Signals Imminent Breakout — Is A 10% Rally Coming?

XRP Signals Imminent Breakout — Is A 10% Rally Coming?

April 25, 2026
Australia Eyes Stablecoin-Ready Payment Rails as Tokenised Money Goes Mainstream

Australia Eyes Stablecoin-Ready Payment Rails as Tokenised Money Goes Mainstream

May 1, 2026
Pepe Price Prediction: PEPE Price Dumped 30% in October, But Analyst Points to a Reversal Coming Soon – Is PEPE Going to the Moon This Week?

Ethereum Price Prediction: ETH Outperforms BTC — Altseason Could Arrive in May

April 29, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

May 2, 2026
XRP Price Analysis: Buy Now or Wait for Ripple to Fall Below $1?

XRP Price Analysis: Buy Now or Wait for Ripple to Fall Below $1?

May 2, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.