Ripple-linked XRP drops 5%, opening downside risk toward $1.70

coindesk
coindesk|Jan 29, 2026 17:17
Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone. What to know : XRP dropped about 5 percent from $1.91 to near $1.80 as bitcoin’s pullback sparked broad risk-off selling across high-beta tokens. The slide accelerated once XRP broke below key support around $1.87 on heavy volume, erasing last week’s gains before buyers stepped in near the $1.78–$1.80 zone. Traders now view $1.80 as a crucial support level, with a sustained move back above roughly $1.87–$1.90 needed to signal a corrective pullback rather than the start of a deeper decline.(Coindesk)
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