XRP slides toward $1.30 support and XLM retreats amid bearish derivatives bets and a Fed rate pause, while broader crypto sentiment weakens.

Crypto assets Ripple (XRP) and Stellar (XLM) continued to lose ground on Thursday, weighed down by a combination of bearish derivatives positioning, on‑chain weakness and a dovish‑to‑hawkish tone from the U.S. Federal Reserve after it left rates unchanged at 3.75‑4.00%.

Technical pressure on XRP and XLM

• XRP slipped toward a key support level around $1.30 after a brief recovery stalled
• XLM gave back part of its recent gains, moving lower as sellers re‑asserted control
• Both tokens are seeing net short exposure in futures and options markets, reinforcing the downside bias

Broader crypto market backdrop

• Bitcoin hovered near $81,800, posting modest losses for the week
• Cardano fell below $0.20, down more than 4%, mirroring the overall pullback
• Pi Network retreated toward $0.0740 as the Fear & Greed Index slid to 43 and liquidations topped $350 million in 24 hours

What traders are watching

• Whether XRP can hold the $1.30 support or break lower into the $1.20‑$1.25 range
• XLM’s next test level around $0.075 and the potential for a bounce if on‑chain activity improves
• Upcoming Fed commentary and any shift in monetary policy expectations that could further affect risk appetite

Related news

• Warsh signals higher rates but keeps Fed options open
• USD/CAD trades near 1.4000 as falling wedge narrows
• Gold weakens below $4,050 as Fed rate outlook fuels dollar demand and Iran tensions linger
• budget promises growth in every postcode amid uneven devolution plan

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This article is compiled from international market news for information only. It is not investment advice.