The XRP (CRYPTO:XRP) price has fallen below the $1 support twice in the last five days, printing a 52-week low of $0.9915 on August 11 before dipping under the level again on August 14. The last time XRP lost the $1 support was in 2021, and it took almost three years to reclaim it.
Right now, XRP remains nearly 46% below its January 1 price of $1.88. So as buyers struggle to hold $1, where does the XRP price go next?
How XRP Has Performed After Losing $1 Since 2021
Between August and November 2021, XRP’s price traded between $0.90 and $1.30 as the broader crypto market weakened, before finally closing below $1 on November 26, 2021.
The December 2020 SEC lawsuit against Ripple kept XRP under pressure…
