XRP and XLM have entered crucial price ranges that could influence their short-term direction after a broad cryptocurrency market downturn driven by recent US inflation data and changing expectations around the Federal Reserve’s monetary policy decisions. XRP traded near $1.32, registering a 5.13% decline over 24 hours, while XLM fell 4.54%. Financial analyst Tyler Hill noted that this market weakness extended well beyond these tokens. Major cryptocurrencies such as Bitcoin, Ethereum, BNB, Solana, Tron, and Dogecoin also experienced losses, and Zcash dropped approximately 11% during the session covered.