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XRP falls to $1 amid $10.8B options expiry and crypto market selloff, testing key support levels.

Technical Signals
26 Jun 2026
Crypto news
View Source
Bearish
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XRP's price dropped sharply to around $1.01 following a $10.8 billion crypto options expiry that triggered widespread selling across the market. This decline extends XRP's year-to-date loss to over 40%, compounded by negative sentiment after Strobe Finance shut down and broader risk-off moves due to expectations of prolonged high U.S. interest rates. Technically, XRP is testing the lower boundary of a long-term falling wedge pattern near $1.00, with momentum indicators showing bearish control. Analysts warn that a break below $1 could lead to further declines toward $0.80 and below, while reclaiming $1.10 would signal a potential bullish reversal. The market remains volatile with key liquidation zones around $1.02 to $1.08, suggesting possible sharp price swings ahead.

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