XRP plunges 6% as bitcoin drops under support, worsening downtrend

coindesk
coindesk|Feb 03, 2026 19:26
XRP fell alongside a broad risk-off move in crypto that pressured majors and high-beta tokens alike. What to know : XRP slid about 6.3 percent to roughly $1.54 in a broad crypto sell-off, with no token-specific catalyst behind the move. The break below the key $1.60 support level triggered heavy, likely forced selling, and rebound attempts have so far failed to reclaim $1.56. Traders say XRP must hold around $1.50 and then retake $1.60–$1.62 to ease downside pressure, with a break lower opening room toward about $1.38 and potentially $1.02.(Coindesk)
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