XRP Slips Below $1.30 as Bearish Momentum Builds

XRP extended its decline after falling through the $1.30 support level, with persistent selling pressure pushing the token toward the lower end of its multi-month range.

The drop comes after repeated failures to break above resistance in the $1.33–$1.36 band, leaving the market exposed to downside risk. Once the $1.30 threshold was breached, selling intensified, supported by a noticeable uptick in trading volume.

The move places XRP near the bottom of a consolidation pattern that has been in place since early 2025. Traders are now closely monitoring whether this structure can hold or if it will give way to a broader breakdown.

Activity in derivatives markets points to a more cautious backdrop, with declining open interest suggesting traders are reducing positions amid uncertainty. Despite the price weakness, on-chain data indicates continued outflows from exchanges, a signal some interpret as longer-term accumulation.

Over the past 24 hours, XRP fell from around $1.32 to below $1.30, briefly hitting session lows before attempting to stabilize. The sharpest decline occurred during a burst of heavy trading that coincided with the break of nearby support levels.

A modest rebound followed, but buying interest remained limited, leaving XRP below its former support zone. The $1.30 level now acts as immediate resistance, and reclaiming it is seen as key to restoring short-term bullish sentiment.

If losses continue, analysts suggest XRP could drift toward the $1.20 area, with further downside possible if selling pressure persists.

With price action compressing near critical levels, XRP appears to be approaching a निर्णive point that could determine its next major move.