Ripple-linked XRP drops 5%, opening downside risk toward $1.70

Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone.

By Shaurya Malwa

What to know:

• XRP dropped about 5 percent from $1.91 to near $1.80 as bitcoin’s pullback sparked broad risk-off selling across high-beta tokens.

• The slide accelerated once XRP broke below key support around $1.87 on heavy volume, erasing last week’s gains before buyers stepped in near the $1.78–$1.80 zone.

• Traders now view $1.80 as a crucial support level, with a sustained move back above roughly $1.87–$1.90 needed to signal a corrective pullback rather than the start of a deeper decline.

XRP slid sharply as bitcoin pulled back, triggering a high-volume breakdown that erased last week’s gains before buyers stepped in near $1.80.

News Background

• XRP fell alongside broader crypto weakness as bitcoin retreated, pressuring high-beta tokens and unwinding recent gains.

• The move wasn’t driven by token-specific news, but by risk-off positioning, with sellers taking control once price slipped below key technical levels.

• The decline followed a rally earlier in the week that occurred on thin volume, leaving XRP vulnerable once broader market sentiment turned.

  
  

Technical Analysis

XRP broke decisively below $1.87, triggering accelerated selling on heavy volume and confirming a short-term bearish shift. The breakdown erased the prior session’s advance and pushed price quickly toward $1.80, where buyers emerged to slow the decline.

While XRP managed a modest bounce back above $1.80, the recovery lacked strong follow-through and left price below former support, which now flips into near-term resistance. Structure improves only if XRP can reclaim and hold above the breakdown zone.

Price Action Summary

• XRP fell about 5%, sliding from $1.91 to $1.80

• Selling accelerated after $1.87 support failed

• Volume surged during the breakdown, signaling forced selling

• Buyers defended the $1.78–$1.80 zone late in the session

  
  

What traders say is next?

• Traders are focused on $1.80 as the immediate line in the sand.

• If $1.80 holds, XRP could stabilize and attempt a rebound — but bulls need a reclaim of $1.87–$1.90 to signal the selloff was corrective rather than the start of a deeper move.

• If $1.80 fails, downside risk opens toward $1.73, with momentum likely to build as remaining support gives way.

• For now, XRP remains tethered to bitcoin’s direction, with technical levels — not headlines — driving the next move.