XRP has broken decisively below the $1.40 level, with the structure of the move suggesting a clear shift in control toward sellers rather than a gradual downside drift.
The breakdown occurred on elevated volume, cutting through a support zone that had held for weeks. Moves of this nature typically indicate active selling pressure, and once a level like this is lost, it often flips into resistance on any retest.
Broader market conditions added to the pressure, with Bitcoin dominance climbing toward 60%, signaling capital rotation away from altcoins and reducing demand support for XRP during the selloff.
Technically, the multi-month triangle formation that had been compressing price action has now resolved to the downside instead of the expected bullish expansion. XRP dropped from $1.44 to $1.39 in a sharp move that decisively broke the $1.40 support area on strong participation.
Price is now consolidating just below the breakdown zone, trading in a tight $1.39–$1.40 range. The key structural change is that $1.40 has shifted from support into resistance unless buyers can reclaim it quickly and convincingly.
The rise in volume during the breakdown confirms that the move was driven by genuine selling pressure rather than low-liquidity volatility. While short-term bounces are appearing, they remain corrective and have not shown enough strength to reverse the broader breakdown.
Going forward, $1.40 remains the critical pivot. A strong recovery above it with sustained volume would weaken the bearish structure and raise the risk of a failed breakdown.
If downside pressure continues, $1.37 is the next key level to watch, with a break below that opening the path toward deeper support near $1.31.
For now, as long as XRP remains below $1.40, sellers retain control, and any rallies are likely to face renewed supply rather than sustained continuation.
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