XRP's price dropped nearly 5% to an intraday low of $1.16 after the Federal Reserve maintained interest rates at 3.50%-3.75%, signaling potential tightening risks in 2026.
This move triggered a broader cryptocurrency selloff, but analysts say XRP still holds support near the $1.16-$1.18 range and flashed a bullish divergence on the 3D chart while trading inside a falling wedge.
Ripple's business expansion and revenue targets are providing a fundamental backdrop for XRP despite weaker market sentiment. The company recently acquired an equity stake in African fintech company Flutterwave, valued at $3.3 billion, and expects to achieve a $1 billion revenue run rate by the end of 2026.