Bearish
XRP drops 11.28% amid selloff, testing critical $1.53 support level.
XRP experienced a significant decline of 11.28% in the past 24 hours, falling to $1.4745. This downturn has brought the cryptocurrency to a crucial technical juncture, testing the $1.53 support level. The selloff was triggered by a broader market correction, leading to substantial liquidations and a shift in investor sentiment.
Key points
- XRP's price fell 11.28% to $1.4745, marking the largest one-day percentage loss since February 5, 2026.
- The decline coincided with a broader market selloff, with Bitcoin dropping below $76,000, contributing to the liquidation of approximately $1.71 billion in positions across the crypto market.
- Despite the recent downturn, XRP remains up 46.85% over the past seven days, indicating potential for recovery if the $1.53 support holds.
Sources
- XRP Falls 11.28% In SelloffInvesting.com · August 23, 2026
- XRP упав на $1,71 млрд: ліквідації на $1,71 млрд у 281 846 трейдерівInsidePC · August 23, 2026
- XRP вернулся к $1,09 и пробил сопротивление $1,155Chainora · August 23, 2026
- XRP: Rally, Flash-Crash und regulatorische UnsicherheitKrypto Magazin · August 23, 2026
AI-generated from public news sources. Not financial advice.
