XRP dropped 5%, the risk of $1.70 is increasing.

Decline and Support Levels in XRP

XRP has fallen by approximately 5% to around $1.80 after Bitcoin retraced, showing a widespread risk-off selling wave among high beta tokens.

The decline accelerated as XRP dipped below the critical support level of around $1.87. This situation rapidly erased last week's gains, prompting investors to step in around the $1.78–$1.80 region.

Investors view $1.80 as an important support level. A sustainable movement in the $1.87–$1.90 range is necessary to signal a corrective pullback. Otherwise, it may be possible to talk about the beginning of a deeper decline.