- XRP has slipped below $1.75 as broader crypto market weakness and Bitcoin’s decline continue to pressure altcoins.
- Technical indicators and price structure suggest XRP remains in a short-term downtrend, with support near $1.70 and resistance below $2.00
XRP is trading near $1.74, down in the latest session as selling pressure returned across the broader cryptocurrency market. Over the past 24 hours, XRP has moved between a low of $1.71 and a high of $1.87, with its price down by about 6.67% at the time of writing. The token’s market capitalization is around $106.29 billion, supported by a 24-hour trading volume of approximately $5.19 billion.
XRP’s price is down today mainly because the broader cryptocurrency market is under pressure, and Bitcoin’s weakness is dragging altcoins lower. Bitcoin has recently slipped below key levels around $85,000 and is showing selling pressure with current price at $82K zone, which often pulls other large tokens like XRP down with it.
In addition, trader activity in crypto derivatives markets has shown increased selling, contributing to pressure on short-term price levels. This wider market behaviour rather than a specific XRP issue appears to be the main reason for the drop.
XRP 24-H Price Analysis
On the daily timeframe, XRP continues to trade within a descending channel, a pattern that has been in place since October. Each recovery attempt has formed a lower high, while pullbacks continue to test lower price zones. Recent sessions show price below both the 9-day and 21-day moving averages, indicating that short-term trend pressure remains to the downside.
Meanwhile, the RSI is around the low-40s, showing neutral to slightly negative momentum, without signs of oversold conditions. The MACD lines are below the signal line, and the histogram remains negative, suggesting that momentum has not yet shifted favorably.
From a broader weekly perspective, XRP continues to form lower highs, confirming that the larger corrective structure is still intact. Despite occasional rebounds, price has been unable to sustain upward movement beyond resistance around the mid-$2 range.
Support for XRP is currently seen near the $1.70–$1.72 area, where recent session lows have held. On the upside, resistance lies near $1.90, followed by the $2.00–$2.10 range, where sellers have historically stepped in.
In the longer term, XRP remains under pressure as part of the wider crypto market correction that began in late 2025. Unless broader sentiment improves and price clears key resistance levels with confirmed volume, XRP’s short-term range is likely to remain tilted to the downside.
Source: https://thenewscrypto.com/xrp-price-analysis-xrp-drops-below-1-75-as-broader-crypto-market-weakens/
