Currently trading at $1.08, XRP has plummeted by more than 70% from its all-time high of $3.65. Amid this downward trend, the market is closely monitoring the critical $1 psychological threshold.
Stepping into this tense climate, EasyA co-founder and crypto educator Dom Kwok shared a reassuring message with his followers: “whatever happens we’re not going to zero so stay calm.”
Kwok Holds His Ground
Kwok has maintained a steadfastly bullish outlook on XRP, persistently forecasting that the cryptocurrency will reach $1,000 by 2030. Although current market performance does not reflect that projection, he continues to express optimism about the token’s long-term future.
whatever happens we’re not going to zero so stay calm
— Dom Kwok | EasyA (@dom_kwok) November 8, 2026
His commentary has also attracted some criticism. A social media user pointed out what they viewed as mixed signals in his recent posts—highlighting that Kwok had previously stated something was “happening,” mentioned waiting to buy a minor dip, and then posted “whatever happens,” which implied the possibility of further price declines.
XRP’s Recent Performance
XRP began November already facing downward pressure. On November 3, Democrats secured control of both the House and Senate, upsetting expectations that a Republican-led Congress would pass crypto-friendly laws.
The CLARITY Act previously failed a Senate cloture vote 49-50 back in September. With Democrats scheduled to assume control of Congress in January 2027, the future outlook for the legislation remains highly uncertain.
Following a brief increase, XRP tumbled immediately after the election outcomes were announced and has kept sliding ever since. With the token priced at $1.08, analysts view $1 as the sole meaningful support barrier left. A definitive drop beneath this mark could trigger further losses toward downside targets reaching down to $0.65.
The XRP Army Responds
Responses to Kwok’s update varied significantly across the community. One observer argued that dollar-cost averaging during a pullback represents the ideal strategy for securing attractive entry prices, predicting that investors will regret not buying more when the market eventually rebounds.
Another participant identified $1.10 as an important technical zone and anticipated a price bounce from that area. Conversely, a different user challenged the notion of “diamond hands,” arguing that maintaining strong conviction is simple when financial stress is minimal. They noted that emotions grow much harder to handle when individuals have cut back on essential living expenses to fund their market positions, especially with the holiday season approaching.
Meanwhile, another investor mapped out a potential trajectory for XRP, forecasting a drop to $0.66 followed by a further slide to $0.24. After that projected bottoming phase, they anticipate a rapid rebound to $2.10, with subsequent advances toward $3.80 and $7.
FAQs
What is Dom Kwok’s stance on XRP?
Dom Kwok remains bullish on XRP, famously predicting it will reach $1,000 by 2030 and recently assuring followers that the asset is not going to zero.
What is the current trading price of XRP?
XRP is trading at $1.08, which is down over 70% from its all-time high of $3.65.
How did the recent US election affect XRP?
Democrats won control of both the House and Senate on November 3, disrupting expectations for crypto-friendly legislation under a Republican Congress and causing XRP prices to drop after a brief post-election rise.
What are the critical support levels for XRP?
Analysts consider $1 to be the primary support level remaining. If XRP breaks below $1, analysts eye downside targets as low as $0.65.
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Written by
Elara Winter
