XRP plummets to $1.85, breaking through $1.87 support, with trading volume surging 77% above average during the drop. Heavy inflows to exchanges indicate fresh selling pressure, as bitcoins rebound fizzles and market caution persists. On-chain data shows daily exchange deposits surging between 35 million and 116 million XRP since mid-December, a significant shift from balanced flows earlier. Traders are watching as supply pits against support, with institutional ETF interest providing long-term backing but short-term moves feeling risk-managed. XRP attempted a double bottom around $1.84 to $1.88 but rebounds stall at $1.85, now acting as resistance in a descending channel. Expect consolidation with selling overhead; if $1.85 breaks, look for $1.84 and then the $1.77 to $1.80 demand zone. A close above $1.87 could ease pressure and eye $1.95 to $2, but bitcoin needs to lead for any real recovery. Checkout Solipillow.com

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