cpeditor
XRP Slides Toward $1.40 as Bears Maintain Control
XRP fell after hitting resistance near $1.45, with high-volume selling confirming continued short-term bearish pressure. Traders are now watching the $1.40 support level for signs of stabilization.
Market Snapshot
Since its July 2025 peak, XRP has struggled to regain momentum, remaining roughly 60% below that high. Market sentiment is split over whether the ongoing consolidation signals accumulation or a continuation of the downtrend.
Institutional activity remains mixed. Spot XRP ETFs have drawn $1.24 billion over four months, while on-chain data shows large holders buying on dips. Derivatives activity has slowed, with open interest declining sharply since late 2025. Ripple re-locked 700 million XRP into escrow on March 1 as part of routine supply management.
Price Action
- XRP dropped 3.3%, from $1.4588 to $1.4108
- $1.43–$1.45 resistance capped gains
- Volume surged 74% above average
- Breach of $1.411 reinforced downside momentum
Technical Outlook
Rejection at $1.43–$1.45 triggered lower highs and reinforced the descending channel. The break below $1.411 accelerated the move toward $1.40. A triangle-like compression between falling resistance and rising support suggests a larger directional move could be imminent once consolidation resolves.
Traders’ Focus
Holding $1.40 could allow XRP to stabilize and target $1.45–$1.55, key levels to relieve bearish pressure. A break below $1.40 may shift attention to $1.33, with $1.00 considered a longer-term reset if selling intensifies.
