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XRP fell below the $1 mark amid a weeklong selloff further compounded by concerns over leadership turmoil at Nvidia Corp., which weighed on the artificial intelligence trade.
XRP dropped to a low of $0.972 in the early Saturday session, after marking nine consecutive days of losses since November 5, 2026. If today ends in a loss, it will mark the tenth consecutive day of declines, the longest losing streak since the start of 2026.
At the time of writing, XRP was down 2.58% to $0.986 over the last 24 hours amid broader crypto market weakness that coincided with strength in the U.S. dollar. The dollar index climbed to its highest since April 2025 on Friday after inflation data earlier this week came in hotter than expected.
XRP's price drop is putting its position among the cryptocurrency market's top five assets under pressure as the broader market selloff deepens.
According to current data from CoinMarketCap, XRP has slipped out of the top five cryptocurrencies by market capitalization, sitting in sixth place below the USDC stablecoin with a market valuation of $62.72 billion. The cryptocurrency is also down nearly 16% on a weekly basis.
What's next?
According to Santiment, XRP shark accumulation is quietly increasing even as XRP trades below $1. XRP wallets with 10,000 or more tokens have experienced a rapid uptick in November, reaching approximately 343,500 such wallets, up 16,815 (+5.15%) over nine months and creating a positive divergence.
The XRP price has dropped more than 30% over the past seven weeks, while shark and whale numbers are increasing. When larger holders keep appearing during a selloff, it suggests some higher-capital traders are using the fear to build positions instead of abandoning XRP.
$1.00 is now the key XRP level to defend. If wallets holding 10,000 or more tokens remain on this rapid upward growth trajectory while XRP holds $1 and Bitcoin stabilizes, a reclaim of $1.10 to $1.15 could develop quickly.
Losing $1 while this wallet growth reverses would likely create a short-term selloff, followed by retail FUD that should quickly lead to a bounce. In this scenario, XRP might aim at $0.77, last reached in October 2025.