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    MarketForces Africa » MarketForces News » XRP Price Declines by 55% in 12 Months -Trading Data

    XRP Price Declines by 55% in 12 Months -Trading Data

    Julius AlagbeBy Julius AlagbeJune 30, 2026Updated:June 30, 2026 News No Comments2 Mins Read
    XRP Price Declines by 55% in 12 Months -Trading Data
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    XRP Price Declines by 55% in 12 Months -Trading Data

    At the current market price of $1.04, Ripple (XRP) has lost 55% of its market value over 12 months, according to trading data compiled from cryptocurrency exchanges.

    Over the last 30 days, XRP’s price has declined by about 22% due to geopolitical tensions and persistent bearishness in Bitcoin. XRP is down 2.36% to $1.04 over the last 24 hours, closely tracking a broader crypto market sell-off as of June 30, 2026. 

    The token price movement reflects a lack of coin-specific catalysts as traders focus on defending the crucial $1.00 support level. In the absence of buying conviction, crypto analysts said the token could dip further.

    The entire crypto market cap fell 2.25% to $2.04 trillion on Tuesday, with the Fear & Greed Index deep in “Extreme Fear” at 16. XRP’s 2.36% drop nearly matched Bitcoin’s 2.61% decline, suggesting the move was driven by broader risk-off sentiment rather than a specific catalyst for XRP.

    XRP broke below its daily pivot point of $1.06 and is testing the critical $1.00 Fibonacci support. Concurrently, open interest in XRP derivatives has fallen to its lowest level since July 2025, signalling a massive unwind of leveraged bets.

    The leverage reset reduces the risk of cascading liquidations but also removes fuel for a sharp rebound, leaving price action thin and technically driven.

    A daily close below $1.00, which could trigger further selling toward the next Fibonacci support at $0.87. The structure is bearish with resistance at $1.18.

    The next major catalyst is the potential U.S. Senate vote on the CLARITY Act in late July or early August, which could provide regulatory clarity.

    If XRP holds above $1.00, it may range between $1.00 and $1.18. A break below $1.00 opens a path to $0.87. The trend is down, and a reversal requires reclaiming $1.18 with conviction.

    XRP’s decline is a symptom of a fearful macro environment for crypto, compounded by its own breakdown of key technical levels. While on-chain activity is rising, it has yet to translate into price support. XRP Price Prediction: Is $2 Possible in the Short Term?

    Ripple XRP XRP NEWS XRP PRICE XRP price 12 month decline XRP PRICE PREDICTION
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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