XRP falls 3% after losing $1.15 support as breakout attempt fades
Heavy selling pushed XRP back below a key support zone, reinforcing a downtrend that has repeatedly stalled rallies near $1.25.
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Summary
- XRP slid 3.4 percent to about $1.15, breaking key support at $1.15 on heavy volume after another failed attempt to clear a long-running descending trendline near $1.25.
- The sell-off was driven by a volume spike roughly 170 percent above average around 15:00 UTC, with buyers stepping in near $1.13 but unable to reclaim the broken $1.15 level into the close.
- Traders now see $1.15 as the first hurdle for bulls, with support clustered between $1.13 and $1.10 and resistance stacked from $1.17 to $1.25 as XRP continues to trade within a year-long symmetrical triangle.
