Ripple-linked XRP drops 5%, opening downside risk toward $1.70

The value of XRP, which is closely associated with Ripple, has experienced a decline of 5%, indicating a potential shift in market dynamics that could lead to further downward pressure. This significant drop raises concerns about the cryptocurrency's stability and opens up new downside risk, with analysts suggesting that it may challenge support levels and possibly drop toward the $1.70 mark if bearish trends continue. source: https://www.coindesk.com/markets/2026/01/29/ripple-linked-xrp-drops-5-opening-downside-risk-toward-usd1-70