Like It or Not, XRP Price is Not Going Back to Cents: Pundit

XRP community commentator Xena has insisted that the XRP price will not go back below the $1 mark despite growing bearish pressure.

Xena’s latest comments come on the back of the intense bearishness that has slipped into the crypto market amid the conflict in the Middle East. Notably, over the weekend, the United States launched a strike on Iran, targeting Isfahan, Fordo, and Natanz, major Iranian nuclear sites.

XRP Caught in Market Turbulence 

The development triggered concerns of further escalation of the already tense situation between Iran and Israel, leading to a cascading effect on the markets. From June 20 to 22, the broader crypto market lost $250 billion, dipping below the $3 trillion mark for the first time in over a month.

XRP was also a victim of this market-wide collapse, slumping below the pivotal $2 level over the weekend for the first time since April 11. The asset crashed to a 10-week low of $1.90. While this downturn sparked fears of a steeper collapse, Xena remains confident in XRP’s resilience.

Despite Drop Below $2, XRP Would Not Go Back to the Cents: Xena

She shared a snapshot of this decline but affirmed that XRP would not go back to trading in the cents region, referring to a price level below $1. Recall that XRP completely conquered the $1 price mark during the Trump-led rally in November 2024. This was the first time XRP traded above $1 in three years.

Interestingly, two weeks after reclaiming $1 in mid-November 2024, XRP surged further to recover the $2 level in December for the first time in seven years. Remarkably, despite the correction and bearish consolidation that have dominated the market since February 2025, XRP has held strong.

Specifically, XRP has failed to even retest the $1 price support since November 2024, skyrocketing well above it since then. This reality has contributed to the optimism recently displayed by Xena, a staunch XRP permabull. XRP has also struggled to maintain the $2 price despite occasional dips below it, another contributing factor to the confidence.

For instance, after the latest drop below $2, XRP has again recovered the price region, as the broader market recoups some of the weekend losses in the new week. Now, with XRP currently changing hands at $2.03 as of the time of reporting, it sits in a delicate position, as any mild bearish push could again trip it below $2.

However, despite this delicate situation, pundits like Xena believe a further collapse below $1 is improbable. As far back as November 2024, when XRP still traded for $1.57, market analyst The Bearable Bull insisted that XRP would never trade below $1 again. This projection has held up so far.

What if XRP Dropped Below $1?

Nonetheless, some bearish suggestions exist. For one, market veteran Ali Martinez called attention to a head-and-shoulders structure on the daily XRP chart three months back. While he did not predict a drop below $1, he did suggest XRP could reach the $1 support. 

Further, last December, analyst “IncomeSharks” predicted a possible drop to $0.6, claiming XRP could lose all its gains from the previous rally. This projection has still not materialized. 

Meanwhile, when pundit Edoardo Farina asked what investors would do if XRP dropped below $1 again, Black Swan Capitalist founder Vandell Aljarrah suggested he would buy more at the dip. At the current price of $2.03, XRP is down 7.7% over the past week.