XRP Drops to $1.85 as Key Support Breaks, Technical Outlook Cautious

XRP fell to $1.85 after breaching the $1.87 support zone, with higher exchange inflows signaling renewed selling pressure. Momentum indicators point to oversold conditions, but failed attempts to reclaim resistance keep the technical bias defensive. Bitcoin’s stalled rebound and weak risk appetite across the market have left XRP more vulnerable to supply-driven moves.

Market Context
Institutional demand via ETFs remains supportive, yet on-chain data shows a surge in XRP deposits to exchanges, suggesting holders are selling into rallies. Daily inflows have ranged from 35 million to 116 million XRP since mid-December, reflecting profit-taking rather than accumulation.

Technical Levels

• Support: $1.84, then $1.77–$1.80
• Resistance: $1.85–$1.87, with a clean break above $1.90 needed to shift momentum higher

XRP remains in a distribution-heavy consolidation. Without renewed Bitcoin strength, further tests of support are likely.