XRP The price has fallen below $1, reporting around $0.997, due to a correction in the broader cryptocurrency market.

This decline occurred after XRP fell from a high above $1.60, which triggered liquidations and weakened the sentiment of retail investors. The article states that as volatility increases, short-term traders—often described as 'market tourists'—seem to be exiting the market.

However, some more experienced market participants are paying attention to a potential rebound. The area around $0.985 is seen as a support level, and oversold signals also indicate that the selling pressure may be weakening.

At the same time, institutional interest is still seen as a positive sign. The latest documents from JPMorgan Chase show that their position in Bitwise XRP ETF has increased, indicating that despite retail investors becoming more cautious, Wall Street's exposure to XRP is still on the rise.

Some bulls believe that this is similar to previous market cycles: severe corrections often lead to a rebound in the end. Whether XRP can hold the $0.985 support level will be an important test of market confidence.