XRP falls alongside Bitcoin, which drops back to $85,000 after a surge.

XRP Struggles Amid Volatile Crypto Markets Following U.S. CPI Data

Crypto markets swung sharply Thursday after a softer-than-expected U.S. CPI print briefly lifted Bitcoin above $89,000 during U.S. trading hours. XRP edged lower in a volatile session, with elevated volume suggesting heavy participation from large traders even as the token struggled to hold key technical levels.

Market Overview
The CPI-driven crypto rally was short-lived, with Bitcoin and other digital assets lagging equities, which remained positive throughout the day. This rapid reversal highlighted a familiar pattern: macro-driven rallies in crypto failing to sustain momentum as sellers regain control amid thinning positioning.

XRP remained under pressure after failing to reclaim the $2.00 level earlier this month, a key structural point according to analysts.

Technical Analysis
XRP continues trading below major moving averages, with the $1.93–$2.00 zone now acting as resistance. Fibonacci retracement levels align with this range, limiting upside attempts. Daily momentum indicators show early signs of stabilization, including a developing bullish RSI divergence, but confirmation is still pending.

Price Action
XRP declined 1.2% to $1.84, trading across a $0.10 range (≈5.4%). The token bounced from $1.84 to $1.93 on strong volume before reversing sharply at resistance. Trading volume spiked up to 147% above the 24-hour average, peaking near 155 million tokens, indicating distribution rather than panic selling. Late-session bids stabilized just above $1.84, but follow-through buying remained thin.

Key Levels & Takeaways

Support: $1.84 (immediate), $1.73 (deeper), $1.64 (macro)
Resistance: $1.93, $1.98, $2.00
Volume Insight: Elevated activity without upside follow-through points to distribution
Bias: Cautious below $1.93; relief rallies need confirmation

Until XRP regains former support with sustained buying, consolidation or further downside remains more likely, even as momentum indicators suggest selling pressure may be easing.