The Drawdown May Not Be Over Yet

XRP price is bleeding. The token is changing hands at $1.21–$1.24 as it losses 2% today, and the weekly chart looks worse, down 7%.

The selloff accelerated since earlier this week, extending a downtrend that began mid-May when XRP peaked at $1.55. Since that local top, the token has sliced through a critical support zone and hit its lowest price since February.

All the above put the cumulative drawdown at over 66% from its all-time high last year. However, the drop is broad-based: total crypto market cap has collapsed from above $4 trillion to just $2.4 trillion as most altcoins are down double digits alongside XRP.

But it just seems unusual for XRP. Spot XRP ETFs pulled in over $131 million in May alone, their strongest monthly performance this year, while Ripple’s RLUSD stablecoin now carries over $1.8 billion in AUM and $22 billion in 30-day volume. Strong fundamentals, weak price.

Discover: The Best Crypto to Diversify Your Portfolio

Can XRP Price Recover to $1.50? Realistically

XRP price broke support and has not reclaimed it. The key level to watch is the $1.20 zone, which served as consolidation support through much of Q1. A confirmed daily close below that figure would open a path toward $1.00–$1.05, a range last tested in late 2024.

On the upside, the former support around $1.40–$1.45 now acts as resistance; reclaiming that level would be the minimum requirement for any credible bull case.

Three scenarios frame the near-term path. If ETF inflows accelerate, sentiment flips, and XRP reclaims $1.40 within two weeks, XRP price might finally recover. Or it grinds sideways between $1.20 and $1.35 as the market stabilizes.

Now the ugly scenario. If the $1.20 floor cracks and momentum sellers pile in, the token might retest sub-$1.10 levels. The momentum indicators currently favor the bear range.

Ripple’s regulatory wins, licenses secured in the UK, Australia, and the EU, plus a $50 billion company valuation, provide a long-term floor under sentiment. AI-driven price models remain bullish on a 12-month horizon, but near-term technicals suggest caution.

Discover: The Best Token Presales

LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

When a major-cap asset like XRP sheds 12% in a week despite institutional ETF demand, the message is clear: size does not guarantee safety in this cycle. Rotating into earlier-stage infrastructure plays before institutional price discovery begins is a strategy worth examining.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer for the next cycle. Its core proposition is straightforward: fuse Bitcoin, Ethereum, and Solana liquidity into a single execution environment, so developers deploy once and access all three ecosystems simultaneously.