Ripple’s cross-border token, that pale ghost of modern finance, is not spared in these hours of fevered chatter. In the last day and the last week, it has become the most wretched performer among the larger-cap alts, a figure that invites both sneers and pity.
The asset has slumped by more than 10% in a single day, sliding to $1.42 minutes ago, the lowest price tag since late November 2024. A price that seems to mock the idea of stability with holy impatience.
The chart shows XRP’s descent across both small-scale and grand-timeframes. It surged to $2.40 just a month ago, only to be violently rejected, and has now fallen about 40% since then-like a penitent man chasing a dream that will not forgive him.
Last Thursday’s crash could be attributed, at least in part, to investors using ETFs to gain XRP exposure, as they withdrew $92.92 million in a single day-the worst since their inception. Yet the present moves seem to taunt that very dynamic.
Data from SoSoValue indicates inflows of $19.46 million on Tuesday and $4.83 million on Wednesday into these financial vehicles, as if the market were playing a game of scarcity and abundance with human nerves.
Additionally, Ripple announced yesterday the institutional support for Hyperliquid through its prime brokerage platform, a message perhaps meant to reassure the faithful, or at least to fetch applause from the empty halls of liquidity.
Consequently, the most probable reasons behind today’s crash do not point to ecosystem weakness or fundamental flaws. Instead, a growing FUD fog blankets the market, and retail investors are shedding their positions as though shedding old coats in a cold dawn.
Moreover, liquidation cascades have often been blamed by analysts for crypto market behavior, where volatility is pitched in double digits and the soul of risk skitters across the page like a frightened kitten.
CryptoWZRD weighed in on XRP’s daily performance, noting that the asset closed bearish. At the time of their post, it tested the $1.51 support, which cracked in the hours that followed and opened the door to further decline.
Previously, analysts identified $1.42 and $1.27 as the remaining two support levels before XRP heads toward the psychological $1.00 level, a milepost that feels like a dare from fate itself.
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2026-02-05 11:22