XRP Price Analysis – XRP Could Drop Below $1 Despite Japan RLUSD Boost

Highlights:

• XRP drops as trading volume surges 55.55%, a pointer to heightened trader activity amid market uncertainty.
• Japan’s RLUSD approval could accelerate XRP Ledger adoption, boosting sentiment and long-term ecosystem growth.
• XRP remains bearish below $1.095 support, with a break under $1 increasingly likely.

XRP (XRP) is slightly in the red today, reflecting weak price action across the market intraday. When writing, XRP was trading at $1.06, down 1.76% in the day. While the price is down, XRP trading volumes are rising exponentially, up 55.55% to $2.18 billion. Rising volumes while the price is falling could indicate that short-term traders are selling. However, since the dip in price is minimal, there is a good chance that long-term investors are holding on to their XRP. 

Broader Market Weakness Pushing XRP Lower

The short-term holders are likely selling due to what is happening in the broader cryptocurrency market. In the past 24 hours, Bitcoin has been sending bearish signals and even briefly dropped below $60k. This has led investors to panic that Bitcoin could be headed lower, with the risk of a correction to prices as low as $50k.

The key factor driving this fear is the ongoing crash in Strategy’s stock, which has raised concerns that it could sell Bitcoin and trigger a crash. Since XRP trades in line with Bitcoin’s overall direction, investors could be taking cover if Strategy makes a move that triggers a crash.

Michael Saylor is one of the worst things that ever happened to BTC.

1: He creates centralization, which defies the entire purpose of Bitcoin.

2: His business (if you can even call it that lol) can go bankrupt at any moment. When it does, they will be forced to dump their… https://t.co/Lpw411fUxT

— NoLimit (@NoLimitGains) June 24, 2026

Possible US Interest Rates Hike Could Add to XRP Selling Pressure

XRP also faces risks that are bigger than the cryptocurrency market itself. One of these risks is the possibility of more rate hikes in the United States. The prevailing high interest rates in the US have already taken the excitement away from cryptocurrencies for the last two years.

Recently, during the FOMC, the Federal Reserve pointed out that inflation remains above the key target. This has fueled speculation that interest rates could rise much further this year. Such a possibility has already taken the momentum off the stock markets, and the cryptocurrency market is starting to feel it as well. If markets start crashing as they price in potentially higher interest rates, altcoins like XRP could be headed lower in the foreseeable future.

🇺🇸 TRUMP WANTS LOW RATES. HIS OWN FED CHAIR MIGHT HIKE THEM.

Trump: "We need low interest rates."

Meanwhile, the Fed's own projections point to a hike in 2026.

Warsh, the man Trump appointed, is a hawk who wants to fight inflation, not feed the market.

He told the Senate he'd… pic.twitter.com/51haoZvadB

— Merlijn The Trader (@MerlijnTrader) June 25, 2026

Positive Ripple News From Japan Could Uplift XRP

However, there is a scenario where XRP could do a surprise rally off its current price. One of the factors that could trigger a rebound is that the fact that the XRP Ledger could be headed for growth. The key factor that could ignite this growth is the news that Japan has approved Ripple’s USD under its stablecoins framework. Japan is one of the most important markets for cryptocurrencies. As such, this move could trigger an unprecedented surge of activity on the XRP Ledger. 

While the approval of the RLUSD stablecoin does not directly impact XRP’s price, it grows the ledger, which, by extension, gives value to XRP. Besides, this move by Japan is likely to create social media hype around XRP. The XRP community is one of the most robust in the cryptocurrency space. As they start to drive sentiment around the Japan RLUSD news, FOMO could follow and send XRP on a new upward trajectory.

Technical Analysis – XRP Weak After Breaching Critical Support

Yesterday, June 24, XRP dropped through the $1.095 support. Today, XRP bulls have attempted a rebound but failed to push the price back above this key level. This is an indicator that bears are firmly in control. If the selloff continues, XRP could be headed to prices under $1 in the short to medium term.

However, if bulls manage to push the price back above the $1.095 level, a rally to $1.48 could follow. Of these scenarios, a drop to prices below $1 is more likely. That’s because, despite the news coming from Japan, XRP has failed to reclaim the $1.095 level. This is a signal that the bearish sentiment across the market outweighs the good news.