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XRP slides toward $1.35 as liquidation wave signals weak support
Sharp late-session selling and rising leverage suggest a bigger move is coming, with downside risk building.
Mar 27, 2026, 4:54 a.m.
What to know:
- XRP slid about 2.7% to hover near $1.35 after a sharp late-session sell-off that pushed the token below key $1.36 support.
- Heavy, rapid selling with a spike in volume points to forced liquidations and a fragile market structure rather than orderly profit-taking.
- Traders are watching $1.35 as near-term support and $1.40 as critical resistance, with rising leverage and compressed volatility signaling a potentially larger move ahead.
XRP dropped below $1.40 and is now hovering near $1.35 after a volatile session, with a late burst of selling showing traders are still leaning bearish. The move wasn’t gradual — it came fast, with heavy volume hitting in minutes, suggesting forced liquidations rather than normal selling.
News Background
- XRP fell roughly 2.7% over 24 hours, slipping from $1.40 to near $1.36
- A sharp sell-off in the final hour saw volume spike dramatically, pointing to liquidation-driven moves
- The token remains stuck below $1.40, a level that has repeatedly capped recovery attempts
Price Action Summary
- Price trended lower throughout the session, forming consistent lower highs
- A late drop pushed XRP through $1.36 support before stabilizing near $1.35
- Selling accelerated quickly rather than gradually, indicating weak support structure
- Short-term range now tightens around $1.35-$1.37
