XRP losing the $1.77 swing low signals weakening bullish momentum and increases the risk of a deeper pullback. This level previously acted as key support, and its breakdown suggests sellers are gaining control in the short term. If XRP fails to reclaim $1.77 quickly, price could retest lower support zones around $1.60 or below. For traders, the move highlights rising downside risk, while long-term holders may watch for stabilization before expecting a trend reversal.