Heavy selling pressure pushed XRP back below a key support level, reinforcing a broader downtrend that has repeatedly blocked upside moves near $1.25.

On Wednesday, XRP gave back more of its recent gains after sellers forced a break below $1.15, a level traders had been closely monitoring following the earlier push above $1.20.

The move occurred on elevated trading volume and followed another rejection beneath a long-standing descending trendline that has consistently limited recovery attempts over recent months.

Market backdrop

• XRP continues to sit between improving expectations around US crypto regulation and a market that is still driven more by technical levels than headlines.
• Traders are also watching a long-term symmetrical triangle, with price compressing between support near $1.10 and resistance around $1.25.

Price action

• XRP fell from $1.1873 to $1.1465 during the session, a drop of about 3.4%.
• The sharpest selling came around 15:00 UTC, when volume surged to 134.2 million XRP—roughly 170% above average—triggering a break of $1.1550.
• Buyers later stepped in near $1.13 and briefly lifted price back toward $1.15, but the recovery failed to reclaim broken support.

Technical outlook

• The break of $1.15 is the key development, turning a prior support level into potential resistance.
• Multiple failed attempts beneath the descending trendline near $1.25 continue to reinforce it as a strong ceiling.
• Selling volume outweighed buying pressure, indicating bears remained in control despite the late bounce.
• The broader setup still reflects consolidation between roughly $1.10 and $1.25 as the triangle pattern tightens.

Key levels to watch

• $1.15 as immediate resistance that bulls must reclaim
• Support at $1.13–$1.14, with stronger support near $1.10
• Resistance between $1.17 and $1.25, where rallies have repeatedly failed
• A decisive break above $1.25 would shift the trend structure, while failure keeps XRP range-bound with rallies likely to be sold into