XRP has dropped below its 200-week moving average of $1.42 for the first time since November 2024, signaling a shift from consolidation to correction. This technical breakdown comes as the U.S. prepares to release its Q4 2025 GDP data, which could introduce further volatility into the crypto markets. The Relative Strength Index (RSI) remains in the low 30s, indicating persistent selling pressure, with critical support levels at $1.12 and $1.
The upcoming GDP report, expected on February 20, has forecasts ranging from 1% to 3.6% growth, contrasting with the previous quarter's 4.4%. Stronger GDP data could stabilize risk assets, while weaker figures might strengthen the dollar and pressure cryptocurrencies like XRP. Despite a decline in on-chain activity, social sentiment around XRP remains bullish, driven by updates to its Permissioned DEX framework. However, price action has yet to align with this optimism.
XRP Falls Below Key Support as US GDP Data Looms
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