XRP fell lower after another failed recovery attempt, with heavy selling pushing the coin back to key support near $1.40.
news background
- XRP remains trapped in a broader correction that has been ongoing since its mid-2025 peak, with rallies never able to form a follow-on.
- The latest pullback comes after a brief rally in mid-March stalled below $1.60, reinforcing the pattern of lower highs that have determined price action in recent months.
- The macro environment continues to weigh on market sentiment, with cryptocurrency markets trading cautiously following the Federal Reserve’s latest policy stance. XRP’s structure remains largely technical, with traders focused on whether the coin can stabilize or continue lower within its established range.
Price trend summary
- XRP fell from $1.4457 to $1.4079, down approximately 2.6%
- Prices traded around $1.44-$1.45 before falling towards the end of the session
- Trading volume surges more than 3 times daily average, selling accelerates
- The coin stabilized near $1.40 after hitting lows near $1.4018
technical analysis
- The key move was a late break below $1.44 support, which triggered a sharp drop in volume – a sign of active selling rather than passive drift.
- The short-term structure remains weak. XRP continues to form lower highs and recent recovery attempts have stalled below $1.60, maintaining the broader downward trend.
- The $1.40 area now serves as immediate support, with buyers stepping in following a break below. A minor rebound has developed, but prices remain below previous support, which has now turned into resistance.
- On the longer time frame, XRP is still trading within the descending channel that has guided the price since mid-2025, reinforcing the view that the rally is corrective unless key resistance levels are reclaimed.
What do traders say will happen next?
- Traders are focused on whether XRP can hold above $1.40.
- If support holds, the coin may consolidate before attempting another move towards $1.44-1.45, and a broader test near $1.55-1.60 will be needed to change momentum.
- A break below $1.40 would shift downside risk to the $1.30-$1.32 area, where support is weak and previous moves lacked strong buyer interest.
