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Will It Spiral To New Lows?

Simon Osuji by Simon Osuji
February 9, 2026
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Will It Spiral To New Lows?
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Ripple’s XRP token has once again fallen below the $1.40 mark. According to CoinGecko, the popular cryptocurrency is down 3.1% in the last 24 hours, 13.8% in the last week, 26.1% in the 14-day charts, and 33.9% over the previous month. XRP’s latest dip has reignited worries about the asset’s price spiraling to new lows. Let’s discuss what could happen next.

XRP price chartXRP price chart
Source: CoinGecko

XRP Dips Below $1.40: Another Massive Crash Incoming?

1000 XRP Could Mean Millions1000 XRP Could Mean Millions
Source: WatcherGuru

XRP’s price fell to $1.16 on Feb. 6, 2026. The dip came when Bitcoin’s (BTC) price slid to sub-$62,000 levels. However, BTC made a recovery to the $71,000 mark, and XRP followed BTC’s trajectory to around $1.40. The recovery seems to have been short-lived as BTC has once again dipped below $69,000 today, Feb. 9, 2026. BTC’s correction has led to other assets loosing steam as well.

There have been talk among experts, such as Stifel, that Bitcoin (BTC) could crash to $38,000. If BTC dips below the $40,000 mark, we will likely experience a massive market-wide crash. XRP’s price, under such circumstances, could spiral to multi-year lows. The asset could lose all gains made over the last year and a half.

Also Read: XRP Holders Don’t Panic: Here’s What Smart Investors Are Doing

XRP only began to see positive price action towards the end of 2024 when the SEC vs. Ripple lawsuit was nearing its end. The lawsuit eventually came to an official close in 2025. The settlement of the suit led to a massive price surge for XRP, which eventually hit an all-time high of $3.65 in July 2025. However, the crypto market faced a big crash in October of last year, and XRP has been on a downtrend ever since. If the current trajectory continues, XRP could be back to the $0.50 price levels. However, the asset will likely rebound to its heights once the crypto market recovers and the larger economy improves.

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