XRP and Bitcoin are eating away: the ranking will drop to $71K due to market correction

The cryptocurrency market is experiencing almost catastrophic moments as expectations for economic data have collapsed. XRP, which previously moved rapidly on good CPI news, has become another victim today. When it fell to $1.41, the coin dropped 0.56%, and Bitcoin lost stability at $71.24K, demonstrating how quickly positive scenarios can unravel without maintaining momentum.

Macro-economic blows turn the crypto market into a canvas

The situation started interestingly: US CPI figures came in lower than expected, initially pushing Bitcoin to $89,000 during the US session. But the triumph was short-lived — cryptocurrencies failed to hold onto the gains. Stock markets maintained positive momentum that day, but crypto quickly lost control. This pattern repeats week after week: short rallies on macro news end when sellers step in and distribute positions at the highs. XRP is especially vulnerable here: earlier this month, it failed to hold $2.00, which is considered a key reversal point.

Technical picture of XRP: where are resistance and support levels

The current structure indicates trouble: XRP is trading below all major moving averages, and losing the $1.93–$2.00 range has shifted the trend to bearish. The $1.93 level, previously support, now acts as resistance, combined with Fibonacci retracement at this level. Interestingly, daily momentum indicators — including a bullish RSI divergence that some technical analysts anticipated — still haven’t confirmed a price move to support a signal. Until XRP clearly breaks above the short-term resistance, any bounce remains vulnerable to a new wave of selling pressure.

Volume analysis: distribution, not panic selling

During the recent decline, XRP showed something very telling: trading volume reached 147% of the 24-hour average, and when the coin hit session lows, volume approached 155 million tokens. The most active trades occurred near the highs and during the subsequent crash, clearly indicating distribution by large players rather than panic selling by retail traders. High activity without upward movement is a classic sign of position clearing, not a spontaneous coincidence. By the end of the session, XRP held above $1.41, but buying activity was weak, and demand remained limited.

Trader guidance: where to look for entry and exit points

For those monitoring XRP right now:

• Primary support levels: $1.41 — current baseline to watch; deeper support grid around $1.73; macro support near $1.64
• Resistance levels: $1.93 remains the first significant barrier, followed by $1.98 and the psychological $2.00 mark
• Trading activity signals: High trading volume without growth indicates positioning and distribution among large participants
• Strategic stance: Exercise caution below $1.93; a technical bounce requires confirmation through a breakout of resistance and closing above this level

Until XRP can confidently regain support at $1.93 and higher, the price action suggests consolidation or further decline rather than a full reversal — even if technical indicators hint at potential weakening of sellers on the horizon.