XRP price news: Breadown below $1.87 shifts Ripple token focus to $1.80 zone

The price of XRP slipped to $1.85 after decisively breaking the key support level of $1.87, with selling volume significantly above average confirming the move. This breakdown occurred as broader market momentum stalled and on-chain data showed a sharp increase in XRP deposits to exchanges, indicating that holders are positioning to sell rather than accumulate. Technical analysis shows that while momentum indicators suggest oversold conditions, rebounds are being capped near $1.85, reinforcing a defensive bias within a descending channel. Traders should watch if $1.85 fails, which could lead to a test of the $1.77–$1.80 demand zone, while reclaiming $1.87 is necessary to signal easing selling pressure.

(Source：CoinDesk)