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

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.

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.

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.

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.