Predicting XRP Price Dropping Below $1

XRP has crossed the $1 mark in a recent surge, joining the crypto market’s rebound in November. This rise highlights XRP’s strength in the overall cryptocurrency landscape. However, there are concerns about whether XRP will drop below $1 again.

Analysts believe that XRP may not fall below $1 unless Bitcoin dips below $90,000. The current market conditions seem favorable for long positions if Bitcoin keeps up its momentum. Experts predict that XRP could reach $1.60 soon, indicating a potential upward trend. But the key factor remains Bitcoin’s price movements. If Bitcoin’s price falters, XRP could drop below $1.10.

In the last 24 hours, XRP has been resilient, currently trading at $1.48. Despite opening at $1.47 and experiencing fluctuations, XRP hit a low of $1.31 before bouncing back. The daily high of $1.48 indicates a building momentum as XRP approaches the $1.50 barrier. Investors are closely watching to see if Ripple can sustain this positive trend or face a setback.