What next as XRP drops 3% under $1.40 on strong selling
High-volume breakdown confirms sellers in control, with failed support turning into a key pivot as downside targets come into focus.
What to know:
- XRP has broken decisively below the key $1.40 support on high volume, turning that level into resistance unless it is quickly reclaimed.
- The breakdown resolves a multi-month triangle pattern to the downside, as rising Bitcoin dominance draws capital away from altcoins like XRP.
- As long as XRP trades below $1.40, sellers are in control, with $1.37 and then roughly $1.31 as the next important downside levels to watch.
• The multi-month triangle structure that had been compressing price finally resolved, with the move breaking lower instead of triggering the expected upside expansion.
Price Action Summary
• XRP dropped from $1.44 to $1.39, breaking cleanly through the $1.40 support zone.
• The move was driven by a sharp spike in participation, not thin liquidity.
• Price is now stabilizing just below the breakdown level, trading in a tight $1.39–$1.40 range.
