Why $1 Won't Save XRP: Bollinger Bands Target $0.91 After $1.48 Billion Liquidations

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. While retail investors are holding their breath as they watch XRP's psychological $1.00 threshold , higher timeframes point to an entirely different point of tectonic shift. Against the backdrop of a global storm that has dragged the crypto market's capitalization below $2 trillion, XRP is desperately balancing near $1.03, losing around 4% over the past 24 hours. Advertisement However, technical analysis of the monthly chart clearly illustrates that the real battlefield lies lower. The Bollinger Bands indicator on TradingView shows that the actual support level has shifted toward $0.91, stripping the magical $1 figure of its former strength. Why XRP's real make-or-break level is $0.91, not $1 Psychological levels often turn out to be an illusion when a cascade of forced liquidations comes into play. The latest daily liquidation wave of $1.48 billion, according to CoinGlass , which wiped out the positions of 217,000 traders and saw $1.21 billion come from longs, clearly proved this. HOT Stories Scam Alert: Gnosis X Account Compromised, Do Not Press Any Links Bitcoin Is 'Over,' Google's Ex-Tech Lead Says Monthly XRP price chart within Bollinger Bands, Source: TradingView The symbol of this collapse was the drama of a major whale using the "0xf79C" wallet on Hyperliquid, who lost $8.42 million in an instant when their BTC longs worth $47.7 million and XRP longs worth $28.5 million were forcibly closed. The overall CoinGlass statistics also point to a total washout of buyers: out of $39 million in total XRP liquidations, almost all of it — $38.8 million — came from bull-side liquidations. Advertisement You Might Also Like Thu, 06/25/2026 - 10:28 XRP Takes Over Ethereum: Ripple USD Flippening Officially Happens at $801 Million Supply By Gamza Khanzadaev Under these conditions, holding current positions looks like only a temporary dam. After breaking below the range's middle line at $2.05, XRP is moving by inertia toward its lower historical volatility boundary at $0.91. If the current pressure from sellers pushes the price below one dollar, it will not be an anomaly, but merely the completion of a technically justified move toward the true bottom, where major players may finally find the long-awaited zone of certainty. Advertisement #XRP #Ripple News #XRP News