The post XRP Hits 15-Month Low Since 2024 US Election appeared on BitcoinEthereumNews.com. Key Notes XRP trades at $1.42, down over 40% for the month. Analyst CryptoThe post XRP Hits 15-Month Low Since 2024 US Election appeared on BitcoinEthereumNews.com. Key Notes XRP trades at $1.42, down over 40% for the month. Analyst Crypto

XRP Hits 15-Month Low Since 2024 US Election

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Key Notes

  • XRP trades at $1.42, down over 40% for the month.
  • Analyst Crypto Patel identifies $1.50–$1.30 as a long-term accumulation range.
  • Long-term target for XRP remains $10 despite near-term weakness.

Ripple’s native cryptocurrency XRP

XRP
$1.41



24h volatility:
11.6%


Market cap:
$86.11 B



Vol. 24h:
$5.99 B

has fallen to a 15-month low, trading around $1.42 at press time. This marks the lowest price since the 2024 US elections.

Over the past week, XRP has dropped 25%, and it is down 40% for the month. The altcoin now faces a critical test, with the potential to either rebound or slide further toward $1.00.

XRP Price Plummets, Loses Key Support After Post-Election Rally

Following today’s 10% drop, XRP is now trading at $1.42, marking its lowest level since the November 2024 US elections.

After Donald Trump’s victory, XRP and the broader crypto market went up, reaching highs of $3.50 by July 2025

Since then, the token has been in a sustained downtrend, which has intensified in recent weeks.

The recent fall also saw XRP lose its critical support at $1.60, a key level during the April 2025 selloff, signaling that sellers have regained control

XRP loses crucial support. | Source: TradingView

With little historical trading between $1.44 and $1.00, XRP could see a rapid decline toward the $1.00 psychological level if selling pressure continues.

Long-Term Investors Get a Chance to Accumulate

Popular crypto analyst Crypto Patel noted that XRP has now declined roughly 58% from its all-time high.

He added that following this pullback, XRP has entered the range of a long-term accumulation zone.

In a recent analysis, Patel highlighted that XRP/USDT is in an initial accumulation zone between $1.50 and $1.30. He advised that long-term holders can start building positions gradually instead of rushing their entries

From a risk-management perspective, Patel noted that if XRP falls below $1.30, the next potential accumulation range could be between $0.90 and $0.70.

He described this zone as a high-conviction opportunity if a deeper downside occurs.

Despite the near-term weakness, Patel reaffirmed his long-term XRP price target of $10, emphasizing that lower entry levels offer significantly better upside potential than buying at higher prices earlier in the cycle.

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Tokenomics of Bitcoin Hyper

Bitcoin Hyper is bringing Bitcoin to the next level with cross-chain support for Ethereum

ETH
$2 127



24h volatility:
5.6%


Market cap:
$256.88 B



Vol. 24h:
$54.42 B

and Solana

SOL
$92.30



24h volatility:
4.9%


Market cap:
$52.31 B



Vol. 24h:
$8.93 B

.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X

Source: https://www.coinspeaker.com/xrp-hits-15-month-low-since-2024-us-election-eyes-long-term-accumulation-zone/

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