XRP price has slipped to $1.85 after losing the $1.87 support zone, while traders tracked rising exchange deposits and higher derivatives activity. The move followed weaker momentum across large-cap crypto, which kept risk appetite cautious during US trading hours. As a result, XRP price action stayed supply-heavy, even as longer-term institutional interest linked to ETF developments remained in focus.
XRP dropped from about $1.89 to $1.85 and broke below $1.87, which had supported recent consolidation. Exchange inflow data showed more XRP moving onto major trading venues in recent weeks. This pattern often aligns with distribution, because holders position coins closer to sell-side liquidity.
Daily exchange inflows ranged between approximately 35 million XRP and 116 million XRP since mid-December. Consequently, XRP rallies faced consistent overhead supply. The inflow trend also contrasted with earlier periods that showed more balanced flows between exchanges and private wallets.
After the breakdown, XRP stabilized near $1.846-$1.868, where short-term buyers defended the price. However, rebounds stalled near $1.87, which shifted from support to near-term resistance. Price action also remained within a descending channel, keeping the broader XRP trend tilted lower.
Volume rose during the drop window, reaching close to 68 million XRP, or 77% above the 24-hour average. This surge supported the move’s validity, since sellers acted with size. XRP failed to reclaim key resistance levels despite momentum indicators signaling oversold conditions.
Traders now track clear XRP support and resistance zones. If $1.85 fails, the downside will open toward $1.80, then toward the $1.70 - $1.75 demand zone. However, if XRP reclaims $1.90 and closes above $1.95, focus will shift to $2.00-$2.50.
Derivatives positioning increased quickly as XRP traded below major moving averages and stayed within the declining channel. In four hours, open interest rose by about 80% on the cited measure, alongside a +564 increase in the referenced metric. Therefore, leverage entered the market without a confirmed spot breakout.
Shorter-term flow windows showed rapid shifts between inflows and outflows, while 4 - 12 hour windows stayed net negative. The split suggested fragmented participation, with faster traders reacting to short-term moves. If open interest remains elevated while spot demand stays weak, XRP may see volatility driven by liquidations rather than sustained buying.
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