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Altcoins & DeFi

XRP trades at $1.27 as ChartNerd warns of deeper drop toward $1

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XRP is once again in the spotlight as analyst ChartNerd has reiterated his bearish outlook, warning that the digital asset faces renewed risk of sliding back to $1 by the end of 2026. After accurately predicting XRP’s drop below $1 earlier in the year, ChartNerd now points to fresh signals that could indicate another significant retracement is on the horizon. XRP is currently priced at $1.27, recording a 1.9% decrease over the past 24 hours. According to ChartNerd, the asset is showing what he describes as “early warning signs that the pathway toward a deeper retrace to $1 is opening.” He indicated that these signals have been on his radar for over two months as market structure has weakened.

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