The Ripple-linked XRP token has tumbled below the psychologically important $1 level, hitting a 21-month low and losing about 70% from its all-time high reached 13 months ago, according to CryptoPotato. CoinGecko data cited by U.Today puts the decline at roughly 72.6% below the $3.65 peak set on July 17, 2025, with XRP recently trading around $0.9992.
ChatGPT, asked whether the bottom is finally in, offered a cautious assessment. The AI model noted the correction’s length and depth—nearly a year of lower highs and lower lows—but also highlighted bullish signals: the number of wallets holding at least one million XRP rose by 32 over three months, and active XRP addresses jumped from under 24,000 to more than 43,500 within about a month. Still, ChatGPT warned that XRP’s Taker Buy/Sell Ratio on Binance recently slipped to a multi-month low of 0.86, indicating more aggressive sellers than buyers, while rising futures positioning could fuel a liquidation cascade. It said the next key area is $0.94–$0.95, with a break below possibly leading to a dump toward $0.80–$0.85.
The AI concluded the bottom is “possibly” in, but without confirmation, and added there is a “reasonable” case that the sub-$1 dip marked—or came very close to—a local capitulation bottom.
Veteran trader Peter Brandt, a longtime XRP critic, was far more dismissive. Challenged about XRP on X, he wrote: “Who the heck even cares about XRP?” and added that he would immediately convert a half-million XRP position into Bitcoin. Brandt has repeatedly clashed with the XRP community, calling traders easily baited in December 2025 and labeling XRP supporters “the most immature unprofessional group on X” in October 2025. He previously compared Ripple’s relationship with XRP to the Federal Reserve’s relationship with the dollar and warned in March 2025 of a decline toward $1.07 if a bearish head-and-shoulders pattern played out.