Summary
XRP (XRP) was US$1.53, down 0.98% over 24h, per CoinMarketCap's own page data. CMC AI's price-analysis TLDR: XRP is down 2.59% to $1.52 in 24h, underperforming a slightly positive broader market, primarily driven by a technical rejection from key resistance and profit-taking after a strong weekly rally. 1. **Primary reason:** Technical rejection and profit-taking. Price was repelled from the $1.60–$1.70 resistance zone, a key Fibonacci level, triggering selling after a 10.44% weekly gain. 2. **Secondary reasons:** Lingering overhang from the Bitget hack, where $83M of unstoppable XRP was moved, and persistent concerns over Ripple's ongoing XRP sales despite positive ETF inflows. 3. **Near-term market outlook:** If XRP holds above the $1.50–$1.52 support, it could retest $1.60; a break below risks a drop toward $1.45. The outcome of Evernorth's shareholder vote on September 30 is a key event to watch.