XRP (CRYPTO: XRP) on SUnday posted its lowest weekly close in nearly two years, snapping the $1.04 support level that had held every week since November 2024.

What Happened To XRP’s Price Last Week?

Analyst Alex Marzell flagged on X that the $1.04 support shelf held every single week since November 2024 before finally giving way last week.

Price is already trying to climb back above it, making $1.04 the line that matters most right now.

Losing it cleanly on a weekly basis opens a drop toward $0.75, where the next meaningful support sits on the weekly chart.