Share this article
XRP slips below $1.35 after triangle breakdown puts focus on $1.30 support
XRP lost a key support zone after another failed breakout attempt, with traders now watching whether the months-long compression pattern resolves lower.
May 26, 2026, 5:08 a.m. 2 min read
What to know:
- XRP slipped below the $1.35 level after a failed breakout near $1.36, reinforcing short-term bearish momentum within a recently tight trading range.
- Traders are focused on the $1.30 to $1.31 support zone, where a decisive breakdown could open downside risk toward roughly $1.14.
- Analysts remain divided on whether XRP’s structure signals a confirmed triangle breakdown or late-stage compression, as CME prepares to launch 24/7 XRP-linked futures that could boost volatility and liquidity.
• CME Group is preparing to launch 24/7 XRP-linked futures trading later this month, adding another layer of institutional exposure to the token.
• Whale activity also cooled sharply during the period, with large transaction counts falling more than 57% over nine days.
Price Action Summary
• XRP fell from $1.3457 to $1.3366 during the 24-hour session while trading inside a relatively tight 1.9% range.
• The largest move came after a failed breakout attempt near $1.3620, where elevated volume quickly reversed into selling pressure.
• XRP later broke below the $1.35 level and consolidated near session lows around $1.336 into the close.
