XRP weakened further after another failed rebound, with strong selling pressure dragging the token back toward a key support level near $1.40.

News Background

• XRP continues to trade within a broader corrective phase that began after its mid-2025 peak, with rallies consistently losing momentum.
• The latest pullback follows a short-lived recovery in mid-March that stalled below $1.60, reinforcing the pattern of lower highs seen in recent months.
• Macro conditions remain a drag on sentiment, as crypto markets stay cautious following the Federal Reserve’s latest policy signals. XRP’s price action remains largely technical, with traders focused on critical support and resistance levels.

Price Action Summary

• XRP declined from $1.4457 to $1.4079, a drop of roughly 2.6%
• The token hovered around $1.44–$1.45 before breaking lower late in the session
• Selling intensified on a volume spike exceeding three times the daily average
• Price stabilized near $1.40 after hitting a low around $1.4018

Technical Analysis

• The key move was the break below $1.44 support late in the session, which triggered a sharp sell-off on elevated volume—signaling aggressive selling activity.
• Short-term structure remains weak, with XRP continuing to post lower highs. Repeated failures below $1.60 keep the broader downtrend firmly in place.
• The $1.40 level is now acting as immediate support, with some buying interest emerging after the breakdown. However, price remains below former support zones that have flipped into resistance.
• On higher timeframes, XRP is still trading within a descending channel that has defined price action since mid-2025, suggesting rallies remain corrective unless key resistance levels are reclaimed.

What Traders Are Watching Next

• Traders are closely monitoring whether XRP can hold above the $1.40 support zone.
• A successful hold could lead to consolidation and a potential move back toward $1.44–$1.45, with a broader push toward $1.55–$1.60 needed to shift momentum.
• A break below $1.40 would open the door to further downside toward the $1.30–$1.32 range, where support is weaker and prior demand has been limited.