XRP Drops 10% After Breaking Key Support

Published by

Sohrab Khawas

February 5, 2026

XRP Drops 10% After Breaking Key Support

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.

Published by

Sohrab Khawas

Tags: Ripple (XRP)