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XRP drops nearly 5% after Fed hawkish outlook sparks crypto selloff, but key supports hold.

Technical Signals
18 Jun 2026
Crypto news
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Neutral
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XRP fell nearly 5% to $1.16 following a broad crypto market selloff triggered by the Federal Reserve's hawkish outlook and risks of further tightening in 2026. Despite the decline, technical indicators show bullish divergence and key support near $1.16-$1.18 remains intact, suggesting the pullback may be temporary. Ripple's recent investment in African fintech Flutterwave and a $1 billion revenue target provide fundamental support amid macro uncertainties. Holding above $1.16 is critical for XRP bulls, while reclaiming $1.20 could revive momentum toward resistance levels near $1.30.

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