XRP bulls lose $70 million as Ripple-linked token plunges 7%

Market Intelligence Analysis

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Why This Matters

The price of XRP has dropped by 7% resulting in a loss of $70 million for traders, with key support and resistance levels identified at $1.74 and $1.79-$1.82 respectively.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Traders are watching $1.74 as near-term support, with $1.79–$1.82 now the key resistance zone.

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Original article published by CoinDesk on January 30, 2026.
Analysis and insights provided by AnalystMarkets AI.