XRP price drops to $1.85 as major support fails to hold.

XRP Falls to $1.85 as Key Support Breaks, Technical Outlook Remains Defensive

XRP slipped to $1.85 after breaking the $1.87 support level, with elevated exchange inflows pointing to renewed selling pressure. Momentum indicators suggest oversold conditions, but attempts to reclaim resistance have stalled, leaving the technical bias defensive. Bitcoin’s faltering rebound and muted risk appetite in the broader crypto market have left XRP more exposed to supply-driven moves.

Market Context
Institutional demand via ETFs remains supportive, yet on-chain data shows rising XRP deposits to exchanges, signaling holders are increasingly selling into rallies. Daily inflows have ranged from 35 million to 116 million XRP since mid-December, reflecting profit-taking or defensive repositioning.

Technical Analysis
XRP fell from $1.89 to $1.85, decisively breaching the $1.87 support zone. Volume surged to roughly 68 million XRP—77% above the 24-hour average—confirming a genuine breakdown. Short-term charts show a tentative double bottom near $1.846–$1.848, but rebounds repeatedly stalled at $1.85, creating near-term resistance. The broader descending channel remains intact.

Key Levels

Downside: A break below $1.85 could target $1.84 and the $1.77–$1.80 demand zone
Upside: Reclaiming $1.87, and ideally closing above $1.90, may ease selling pressure and open $1.95–$2.00

XRP remains in a consolidation phase under distribution pressure. While ETF flows may cushion sharp declines, further support tests are likely unless Bitcoin regains momentum.