Short News View Non-AMP

XRP Drops 10% After Breaking Key Support

Published by
Sohrab Khawas

XRP dropped 10.08% to $1.43, underperforming the broader crypto market’s 7.18% decline and falling 23.85% over the past seven days. The drop followed a break below the critical $1.60 support, triggering automated selling and hitting the lowest price since November 2024. Bitcoin’s 6% decline and a global tech sell-off added pressure. Despite this, social sentiment remains strong, though extreme fear suggests short-term emotional selling may continue before a potential bounce.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

BitMine Faces $7.4 Billion Ethereum Losses

BitMine Immersion Technologies, led by Tom Lee, is reporting over $7.4 billion in unrealized losses…

February 5, 2026

XRP Price Drops 10% as Leverage Dries Up and Whale Activity Remains Absent

XRP price saw a sharp downside pressure during the latest session, dropping close to 10%…

February 5, 2026

Scott Bessent: Treasury Won’t Bail Out Bitcoin

U.S. Treasury Secretary Scott Bessent told Congress the government has no power to bail out…

February 5, 2026

Rep. Ro Khanna Investigates $500M UAE Investment in Trump-Linked WLFI Project

A new crypto-linked political controversy has erupted in Washington after a reported $500 million investment…

February 5, 2026

Vitalik Buterin Sells 3,000 ETH Amid Market Dip

Over the past three days, Vitalik Buterin sold roughly 2,961.5 ETH, worth about $6.6 million,…

February 5, 2026

XRP ‘Rigged From Day One’? Pro-XRP Lawyer Separates Fact From Fiction

Fresh rumours around XRP have turned heads on social media after old emails from 2014…

February 5, 2026