XRP Drops 7% After Losing $1.79 Support
XRP slid roughly 7% on Jan. 31, 2026 after breaching the $1.79 support level, leaving the market focused on $1.74 as the next immediate floor. The $1.79–$1.82 band has flipped into a primary resistance zone, and near-term price action will hinge on whether buyers can reclaim that range. Volume and momentum during any retest will be key to interpreting the move's strength.
The break increases downside risk if $1.74 fails to hold, potentially prompting additional selling from short-term traders and leveraged positions. Conversely, a decisive return above $1.79–$1.82 would be required to restore bullish momentum and attract fresh bids. Traders should monitor price reaction, trading volume, and broader crypto market sentiment before committing to new positions.