XRP Price News: Drop to $0.80 for XRP Seems Likely as Key Support Falters

Key Points

• XRP's key support at $1.10 is faltering, with a potential drop to $0.80 if it breaks below this level.
• Net inflows to exchanges have spiked to their highest level since July 2025.
• Macroeconomic conditions have deteriorated, increasing the likelihood of a significant price drop for XRP.

Current Market Overview

XRP has experienced a 3.3% decline in the past 24 hours, currently facing a critical risk of falling to around $0.80 if it loses its support at $1.10. Trading volumes have slightly increased to $1.5 billion, representing 2.2% of the asset's circulating market cap, indicating rising selling pressure.

Market Dynamics

Recent market conditions have led to nearly $600 million worth of long positions being liquidated across the crypto market due to a risk-off sentiment. The new hawkish stance from the Federal Reserve, under Chairman Kevin Warsh, has contributed to this sentiment, as he emphasized the central bank's commitment to controlling inflation.

Net Inflows and Whale Activity

Despite the price retreat, net inflows to XRP-linked exchange-traded funds (ETFs) have remained positive, contrasting with trends seen in Bitcoin (BTC) and Ethereum (ETH). In the past week, XRP ETFs have seen $17 million in net inflows, bringing cumulative inflows to $1.45 billion, although net assets have dipped below $1 billion again.

Data indicates that whales are positioning to sell XRP, with an average of 17 million XRP tokens moved to exchanges in the past 30 days, the highest since July 2025. This trend suggests a potential significant price drop.

Trading Opportunities

The $1.10 level is critical; a decisive drop below this could trigger a long squeeze, pushing XRP towards the psychological threshold of $1.00. A further decline to $0.80 represents a 27% downside risk from current levels. The Relative Strength Index (RSI) has confirmed a sell signal, indicating bearish momentum.

This situation presents a trading opportunity, with a potential short position yielding a 3x return if entered around $1.09, targeting $0.80 with a stop price set above the former demand zone.