XRP price news: Ripple linked token drops 4%, will $1.88 support hold

XRP sank nearly 4% on Sunday, trading between $1.92 and $1.90, as broader crypto markets reacted to Bitcoin's drop below $88,000 and anticipation for the upcoming Federal Reserve FOMC meeting and major tech earnings. Institutional interest showed signs of profit-taking, with spot XRP ETFs recording their first meaningful weekly outflows of about $40.6 million, though there were no negative fundamental developments concerning Ripple or the XRP Ledger. Technically, XRP is consolidating, repeatedly testing and holding support near $1.88–$1.89, forming what analysts call a triple-bottom support zone. Upside attempts are capped by resistance around $1.93–$1.95 and a descending trendline near $2.10. Traders should note that the asset is compressing; a move above $1.95 signals repair toward $2.03–$2.06, while a break below $1.85 would invalidate the support base and increase downside risk. Until a clear direction is resolved, XRP is expected to remain range-bound.

(Source：CoinDesk)