XRP and XLM Teeter on Brink of Collapse as Fed Expectations Weigh

Two cryptocurrencies, XRP and XLM, are facing make-or-break support levels following a broader market selloff tied to inflation concerns and shifting Federal Reserve expectations.

A popular financial analyst tracking these tokens notes that both have reached critical price zones that could determine their direction over the coming weeks.

XRP was trading near $1.32 after falling 5.13% in 24 hours, while XLM had declined 4.54%. The analyst stressed that this weakness is not specific to either token, as Bitcoin, Ethereum, BNB, Solana, Tron, and Dogecoin were also lower.

The crypto pullback followed the release of U.S. Producer Price Index data, which reinforced concerns about tighter monetary policy.