XRP Price Crashes to $1.44 – Could It Drop to $1.00 Next?

XRP has tumbled to $1.44, marking its weakest price point since November 2024, as a broader selloff in bitcoin triggers widespread risk-off sentiment across the cryptocurrency market.

The token, which powers Ripple's cross-border payment technology, has shed significant value after breaking beneath the critical $1.60 support threshold — a price zone that had previously attracted buyers during April's market downturn. With that floor now breached, technical analysts see very little meaningful support until the psychologically significant $1.00 mark.

Meanwhile, activity on the Deribit options exchange points to growing appetite for downside hedging among traders.

From Post-Election Rally to Sustained Decline

November 2024 was the same month U.S. President Donald Trump secured his election victory. Trump had run on a platform that included pro-cryptocurrency policies aimed at building a more supportive regulatory framework for digital assets. That result initially sparked a strong rally in XRP and the broader market.

However, upward momentum stalled above $3.50, and the token ultimately reached its peak at $3.65 in July 2025. Since that high, XRP has been on a persistent downward trajectory, with selling pressure accelerating notably in recent weeks.

Key Support Level Gives Way

The breakdown below $1.60 is particularly worrying for bullish investors. That price level had served as a notable demand zone — a point where buying interest had previously halted the decline during April's correction. The decisive move below it suggests that sellers have firmly taken control of the market.

Chart analysis reveals what amounts to an air pocket between the current $1.44 price and the $1.00 level, with very limited historical trading volume or support levels in that range.

Derivatives Market Signals Further Downside Expectations

Traders appear to be positioning for additional losses. Over the past 24 hours, block trade activity on Deribit has shown demand for put spreads — a strategy that profits from falling prices — as well as strangles, which are designed to capitalize on heightened volatility in either direction.

For context, options are derivative instruments that grant the holder the right, without obligation, to buy or sell an asset at a set price on a future date. Put options confer the right to sell and reflect bearish positioning, while call options confer the right to buy and represent bullish positioning.