XRP has encountered notable volatility, with its price steadily retreating from $1.30 toward the $1 threshold over recent weeks. The token recently touched yearly lows, leaving many investors concerned as it diverges further from earlier expectations. Technical analyst ChartNerd, active as @ChartNerdTA, reiterated his bearish outlook for XRP, stating that the cryptocurrency will sweep below $1 in 2026. He pointed to multiple signals supporting this thesis, including the formation of a weekly EMA death cross in January 2026, rejections from the 20-week EMA in May, and unsuccessful attempts to reclaim resistance at $1.29 and $1.60. According to ChartNerd, these indicators suggest that bears have retained control throughout the year.