XRP Falls to Lowest Level Since April 2024 as Market Sell-Off Deepens

XRP’s price plunged to $1.50, its weakest level in ten months, amid a broad crypto downturn and accelerated derivatives liquidations.

XRP

Summary

XRP crashed to $1.50, marking a 55% decline from its peak in 2025 and its lowest level since April last year. The sharp drop followed a wider cryptocurrency market sell-off that intensified with rapid liquidations, largely from leveraged positions. This downturn extended a previous fall below $1.79, which had triggered over $70 million in long liquidations and significant resistance from $1.79–$1.82. The latest slide underscores XRP’s vulnerability to broader market pressures rather than token-specific developments.

Terms & Concepts
  • Long Liquidation: The forced closure of long positions when the asset price drops below required margin levels, resulting in trader losses.
  • Support Level: A price point where an asset historically tends to stop falling and may rebound, due to increased buying interest.
  • Resistance Level: A price point where an asset historically tends to stop rising and may reverse, due to increased selling interest.