XRP faced a significant drop from $3.40 to $1.96; key support levels at $1.75 and $1.40s.

From Yahoo Finance: 2025-04-18 22:00:00

XRP experienced a major sell-off, dropping from $3.40 to $1.96 as of April 10. It’s used for quick, inexpensive cross-border money transfers, operating on the XRP Ledger without mining. XRP’s recent decline is linked to U.S. economic derisking, not fundamental changes. Key support levels to watch are $1.75 and the $1.40s.

Monitoring key levels is essential to gauge XRP’s future trend. Short-term support levels at $1.75 and the $1.40s show recent demand. For a bullish scenario, XRP needs to avoid trading lower and form higher lows. The current trend is bearish, influenced by broader economic sentiment.



Read more at Yahoo Finance: Key Levels, Sentiment Shifts, and What’s Next