XRP slipped lower after another failed recovery attempt, with high-volume selling pushing the token to key support near $1.40.
Background of the news
- XRP is stuck in a broader corrective phase that has persisted since the mid-2025 peak, with rallies failing to generate a sustained follow-through.
- The latest pullback comes after a brief rebound in mid-March stalled below $1.60, which explained the price action in recent months that has reinforced the pattern of lower highs.
- Macro conditions continue to weigh on sentiment, with crypto markets trading cautiously following the Federal Reserve’s latest policy stance. XRP’s structure remains largely technical, with traders focused on whether the token may be stable or drifting down within its established range.
Summary of price action
- XRP fell to $1.4079 from $1.4457, down about 2.6%.
- The price traded around $1.44–$1.45 before breaking down late in the session.
- Sales accelerated on volume growth of 3 times the daily average
- The token stabilized around $1.40 after dropping as low as $1.4018.
Technical analysis
- The key move was a late-session break below $1.44 support, which triggered a sharp decline on high 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 a broader downtrend.
- The $1.40 area is now acting as immediate support, with buyers stepping in after the breakdown. A minor bounce has formed, but the price is below the previous support level which has now turned into resistance.
- On the higher timeframe, XRP is still trading within a descending channel that has guided the price since mid-2025, reinforcing the idea that rallies are corrective until key resistance levels are reclaimed.
Traders say what’s next?
- Traders are focused on whether XRP can hold above $1.40.
- If the support stabilizes, the token could strengthen before attempting another move towards $1.44–$1.45, requiring a wider test near $1.55–$1.60 to shift momentum.
- If $1.40 is broken, downside risk opens up towards the $1.30–$1.32 zone, where weak support lies and strong buyer interest on previous moves is lacking.